https://www.taxtmi.com/caselaws?id=99021 Alteration of the memorandum to add cotton was evaluated under principles permitting amendments that enable more economical or efficient conduct of business and additions conveniently or advantageously combinable with existing activities; the court found the proposed addition to be a step in aid to the company's clearing and trading functions (given restrictions on other commodities) and dismissed procedural objections where statutory remedies were adequate, resulting in confirmation of the special resolution authorising the amendment. en-us Fri, 12 May 1972 00:00:00 +0530 Tue, 24 Jan 2012 18:27:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99021 Alteration of the memorandum to add cotton was evaluated under principles permitting amendments that enable more economical or efficient conduct of business and additions conveniently or advantageously combinable with existing activities; the court found the proposed addition to be a step in aid to the company's clearing and trading functions (given restrictions on other commodities) and dismissed procedural objections where statutory remedies were adequate, resulting in confirmation of the special resolution authorising the amendment. Case-Laws Companies Law Fri, 12 May 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99021