THE MEMORANDUM OF ASSOCIATION 19 
In the case of (d), the new business may be wholly different 
from the existing business, provided it be not destructive of 
or inconsistent with it; and the question whether the new 
business can be conveniently and advantageously combined 
with the existing business is for the company’s shareholders 
and managers [Parent Tyre Co. (1923), 2 Ch. 222]. 
Assuming that the Court has jurisdiction, all that it has to 
decide is whether the alteration is fair and equitable as 
between the members of the company; it is not concerned to 
consider the wisdom or desirability of the proposed alteration 
“Jewish Colonial Trust (1908), 2 Ch. 287]. 
Certain alterations in capital are permitted by ss. 50 and 55. 
See pp. 3I et seq.