Dear All,
Without amending the object clause , and also no object clause mentioned in Memorandum , merger is granted. So Object clause to carry out the business do not require!!!!!!!!!!!! There is no meaning of obejct clause in Memoranduma dn Articles of Associaition of Company at all.
See Hon. Rajasthan High Court Decision in the case of Merger Petition , objection was there but ignored by Hon. High Court !!!!!!!!!!!!!!!!!
Please find the attached Memorandum and Articles of Association of Chambal Fertilizers and Chemicals Limited . See the Page number 77 and 78. Worth to be noted.
C A Shah D J
USA
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