JUDGMENT

Ashworth, J. - In this case one Permanand Gir who has been entered in the list of contributories by the Official Liquid dators of the Sonardih Goal Company, Limited (in liquidation) has applied that his name should be removed from the list of contributories as ha is not liable for the debts of the Company or to pay up the shares against his name. He is represented by Mr. A Sanyal who has addressed the Court.

2. Mr. Sanyal has stated that he is prepared to show that there was an agreement between his client and certain other Directors that he should be made one of the firm of managing agents to be constituted for managing the Company, and that it was on this understanding that he signed the memorandum of association and the prospectus. He says that a draft deed of partnership between certain persons and himself as managing agents was drawn up and signed by himself and the other four persons, and that it was well understood that the memorandum of association which he signed as a promoter and in which he entered that he took 1,000 shares would not be registered with the Registrar of Joint Stock Companies until the formal deed of partnership between him and the said four persons