Zavarco plc v Nasir; Nasir v Zavarco plc

Company – Shares. An individual, N, had been obliged to pay in cash for shares in a company, Z. Further, the Chancery Division held that Z was entitled to forfeit N's shares. Z was not estopped from asserting that N's shares were unpaid, and Z was not under an obligation to make restitution to N.

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