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W. BROOMS
Motilal Padmapat Sugar Mills Co. (P) Ltd. – Appellant
Versus
ABC – Respondent
JUDGMENT
W. Brooms, J. - A private limited company known as Motilal Padampat Sugar Mill Company of Kanpur has applied under section 17 of the Companies Act for confirmation of an amendment sought to be introduced in the objects clause of its memorandum of association. The company is at present engaged in the manufacture of sugar in Champaran district (Bihar) and oil in a factory at Gutaiya in Kanpur district and also trades in oil-seeds and runs a cold storage depot at Gutaiya. Now it wishes to embark on a new business, viz., the manufacture of steel goods; and to this end it seek to introduce the following additional clause among the objects set forth in the memorandum of association:
"To carry on trades and business of steel makers, re-rollers, foundrymen, steel fabricators (in all its branches and variations) and in particular as manufacturers of steel hoops (hot and cold roller), bars and rods, tool steel, gate channels, steel castings, etc., for sale on for internal consumption, iron founders, mechanical engineers, tool makers, brass founders, metal workers, boiler makers, mill wrights, machinists smiths and to buy, sell, manufacture, repair, convert, alter, let on hire and dea
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