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Companies Law - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Public interest - compulsory amalgamation - The expression ...

Companies Law

May 8, 2019

Public interest - compulsory amalgamation - The expression “public interest” would mean the welfare of the public or the interest of society as a whole, as contrasted with the “selfish” interest of a group of private individuals. - “Public interest” in this context would mean the combining of resources of two or more companies so as to impact production and consumption of goods and services and employment of persons relatable thereto for the general benefit of the community.

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