Supreme Court Strikes Down Amendment Notification Under Companies Act, 1956 Due to Unreasonableness. Amendment Notification Found Ultra Vires as it Violated Legislative Policy and Article 14 of the Constitution....
The dispute arose from a notification dated 21st June 1995, which amended paragraph 1.3 of Schedule X of the Companies Act, 1956. The petitioner, Pyrites Phosphates & Chemicals Ltd., challenged this n...




