Board’s powers ‑ Restriction on - Whether purchase of machinery on deferred payment is covered by clause (d) of sub‑section (1) and sub‑section (5) of the section

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..... (1)/61‑PR, Dated:- 9-5-1961 Circular - Circulars - Companies Law - Letter : No. 8/16(1)/61 ‑ PR, dated 9 ‑ 5 ‑ 1961. Subject:- Board s powers ‑ Restrictio .....

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..... In the view of the Department, the term borrowings in clause (d) does not include debts on account of purchase of machinery on deferred payment. - Circular - Trade Notice - Public Notice - Instru .....

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