73(1)The directors may, instead of declaring forfeited any share or shares, enforce payment of all calls, and interest thereon by action in a court of competent jurisdiction.

73(2)In such action it is not necessary to set forth the special matter, but it is sufficient to declare that the defendant is a holder of one share or more, stating the number of shares, and is indebted in the sum of money to which the calls in arrear amount, in respect of one call or more, upon one share or more, stating the number of calls and the amount of each call, whereby an action has accrued to the company under this Act.

73(1)The directors may, instead of declaring forfeited any share or shares, enforce payment of all calls, and interest thereon by action in a court of competent jurisdiction.

73(2)In such action it is not necessary to set forth the special matter, but it is sufficient to declare that the defendant is a holder of one share or more, stating the number of shares, and is indebted in the sum of money to which the calls in arrear amount, in respect of one call or more, upon one share or more, stating the number of calls and the amount of each call, whereby an action has accrued to the company under this Act.