A group of four friends who had applied and were allotted shares in joint names required the company to enter all their names in the register of members. Further, they also required the company to split the total shares

If more than one person apply for shares in a company and shares are allotted to them, each one of such applicant becomes a member [Narandas v. India Mfg. Co., A.I.R. 1953 Bom. 433]. Unless the Articles of the company otherwise provide, joint members can insist on having their names registered in any order they may require. They may also have their holding split into several joint holdings with their names in different orders so that all of them may have a right to vote as first named holding in one or the other joint holdings (Burns v. Siemens Brothers Dynamo Works Ltd. (1919) 1 Ch. 225). In the given case since AoA did not restrict specifically the entering of joint names in the register of members or having a split in shares and entering each of the joint holders name as the first holder, the company is bound to accept their claims and cannot refuse it.