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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Restrictions on powers of Board - securities premium is also ...


Board Borrowing Powers Limited by Section 180(1) of Companies Act: Includes Securities Premium, Share Capital, and Free Reserves.

January 10, 2018

Act Rules     Companies Law

Restrictions on powers of Board - securities premium is also included along with paid-up share capital and free reserves for calculation of upper limits on borrowing powers of the Board - Section 180(1) of the Companies Act, 2013

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