COMPANIES ACT, 1929 
573 
that sufficient notice has been given to every holder of 
debentures of the company, and to any persons or class of 
persons whose interests will, in the opinion of the court, 
be affected by the alteration; and 
that, with respect to every creditor who in the opinion 
of the court is entitled to object and who signifies his 
objection in manner directed by the court, either his 
consent to the alteration has been obtained or his debt or 
claim has been discharged or has determined, or has been 
secured to the satisfaction of the court: 
Provided that the court may, in the case of any person or 
class, for special reasons, dispense with the notice required by this 
section. 
(a) 
(4) The court may make an order confirming the alteration 
either wholly or in part, and on such terms and conditions as it 
thinks fit. 
(5) The court shall, in exercising its discretion under this 
section, have regard to the rights and interests of the members of 
the company or of any class of them, as well as to the rights and 
interests of the creditors, and may, if it thinks fit, adjourn the pro- 
ceedings in order that an arrangement may be made to the satis- 
faction of the court for the purchase of the interests of dissentient 
members, and may give such directions and make such orders as 
it may think expedient for facilitating or carrying into effect any 
such arrangement: 
Provided that no part of the capital of the company shall be 
expended in any such purchase. 
(6) An office copy of the order confirming the alteration, 
together with a printed copy of the memorandum as altered, shall, 
within fifteen days from the date of the order, be delivered by the 
company to the registrar of companies, and he shall register the 
copy so delivered and shall certify the registration under his hand, 
and the certificate shall be conclusive evidence that all the require- 
ments of this Act with respect to the alteration and the confirmation 
thereof have been complied with, and thenceforth the memorandum 
as so altered shall be the memorandum of the company. 
The court may by order at any time extend the time for the 
delivery of documents to the registrar under this section for such 
period as the court may think proper. 
(7) If a company makes default in delivering to the registrar 
of companies any document required by this section to be delivered 
to him, the company shall be liable to a fine not exceeding ten pounds 
for every day during which the default continues. 
Articles of Association. 
6. There may in the case of a company limited by shares, and 
there shall in the case of a company limited by guarantee or un- 
limited, be registered with the memorandum articles of association 
signed by the subscribers to the memorandum and prescribing 
regulations for the companv. 
Articles pre- 
scribing regula 
tions for com- 
panies.