P. B. MUKHARJI, J.

( 1 ) THIS is an application by Bhutoria Bros. (Private) Ltd. , for alterations in the objects of the company as proposed by the Special Resolution of the Extra-Ordinary General Meeting of the Company field on the 25th day of March, 1957 and passed unanimously. The application is dated the 2nd April, 1957 and is made under Section 17 of the Companies Act, 1956.

( 2 ) THE main object of the Company was to purchase store, sell, manufacture and otherwise dual in the agricultural, mineral and animal products and live-stock, and in the bye-products and the waste-products of their manufacture including jute. Extensive alterations were proposed in the objects by the Special Resolution which tried to include the business in optical, photographical, chemical and surgical goods on the one hand and watches, clucks and musical instruments on the other, as also other kinds of machinery. Due notice of the application was given to the Registrar of Joint Stock Companies. It was, however, discovered later that there was a very large sum claimed by the Income-tax Authorities for mure than Rs. 7 lakhs and notice thereafter was, therefore, given to the Revenue Authorities.

( 3 )

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