About 292 (1) (c) of the companies act 1956
This query is : Resolved
13 January 2015
Dear Sir,
What is the Limit of borrowings under 292(1)(c)and its limit applicable on pvt Ltd Company
What is the Limit of borrowings under 292(1)(c)and its limit applicable on pvt Ltd Company
16 January 2015
60% of paid up capital &
100% free reserve... however such limit can also enhanced by passing a special resolution
100% free reserve... however such limit can also enhanced by passing a special resolution
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