https://www.taxtmi.com/caselaws?id=99066 The court, in an application under section 17 of the Companies Act, 1956, confirmed the alterations to a company's memorandum of association allowing for donations for social, charitable, or humanitarian purposes. The court emphasized that if the alteration falls within the company's powers and does not prejudice safeguarded interests, it must be confirmed. As there was no opposition and the proposed change aligned with the Act's purposes, the court approved the alterations, directing the company to bear its own costs for the application. en-us Tue, 04 Dec 1973 00:00:00 +0530 Wed, 25 Jan 2012 10:46:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99066 The court, in an application under section 17 of the Companies Act, 1956, confirmed the alterations to a company's memorandum of association allowing for donations for social, charitable, or humanitarian purposes. The court emphasized that if the alteration falls within the company's powers and does not prejudice safeguarded interests, it must be confirmed. As there was no opposition and the proposed change aligned with the Act's purposes, the court approved the alterations, directing the company to bear its own costs for the application. Case-Laws Companies Law Tue, 04 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99066