IN FINAL LAW QUS NO 2 ROYAL BANK FROM SEC 372 A OR OTHER? I THINK ITS 372A.
1 Replies
Surendra Agarwal
(MANAGER FINANCE AND BUSINESS PLANNIN)
(289 Points)
Replied 11 May 2011
No dear its from section 292 and 293 board delegation of power and powers can be exercised at general meeting only by means of resolution
372a covers situation loan,gaurantee,security bitween inter corporates
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