06 March 2018
RESOLVED THAT subject to the approval of the shareholders of the Company and pursuant to the provisions of section 372A and other applicable provisions if any of the Companies act 1956, (including any statutory modification or re-enactment thereof for the time being in force) and subject to such approvals, consents,sanctions and permissions of the appropriate authorities, departments or bodies as may be necessary, the Company be and is hereby authorized to grant loans of such amount(s) as mentioned in the understated Company from time to time, on such terms and conditions as may be decided from time to time not withstanding, that the loans made may exceed the limits prescribed under the said section
RESOLVED THAT pursuant to the provisions of Section 292 (1)(d) and other applicable provisions, if any, of the Companies Act, 1956 or subject to such modification and re-enactment thereof, consent of the Board of directors of the Company be and is hereby accorded for making investment not exceeding to Rs._____________ (Amount in words) to the following body corporate(s)/trust/ firm etc. and on such other terms and conditions as may be mutually agreed between both the parties :
CAclubindia
