Judgement

Appeal (No. 94 of 1926) from a decree of the High Court in its appellate

Law Rep. 55 Ind. App. 274 ( 1927- 1928) Parashuram Dattaram Shamdasani v. Tata Industrial Bank 94

jurisdiction (July 22, 1924) from a decree of that Court in its original jurisdiction.

The suit was instituted by the appellants in the High Court in August, 1923, claiming various declarations substantially to the effect that a scheme of amalgamation between the Tata Industrial Bank, Ld., in liquidation and the Central Bank of India, Ld., was not binding upon them, and that certain resolutions of the former company in pursuance of that amalgamation and the liquidation of the former company were not duly passed and were invalid.

The suit was dismissed by Pratt J., whose judgment was affirmed on appeal by Shah A.C.J. and Fawcett J.

1928. Feb. 6, 7, 9, 10. The first appellant in person. Sir George Lowndes K.C. and Cecil Turner for the respondents.

May 8. The judgment of their Lordships was delivered by

LORD BLANESBURGH. The Tata Industrial Bank, Ld., was in the year 1917 incorporated under the Indian Companies Act, 1913, for the purpose of carrying on the business of banking in all its branches. It had a n