section 293(1)(d)

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12 May 2010 please let me know that what kind of resolution is passed under section 293(1)(d) of the companies act, 1956?? whether it is an ordinary or special??/




thankzzz in advance...

12 May 2010 Dear Mayuri,

It is ORDINARY RESOLUTION
under setion 293(1)(d).

Further you need to pass OR only when the propose borrowing alongwith money already borrowed by the company exceed the paid up capital and free reserves.

13 May 2010 Agree with Expert.




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