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The Board of Directors of a company shall exercise the following powers only with the consent of the company by a special resolution, namely: — To sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the company or where the company owns more than one undertaking, of the whole or substantially the whole of any of such undertakings to invest otherwise in trust securities the amount of compensation received by it as a result of any merger or amalgamation to borrow money, where the money to be borrowed, together with the money already borrowed by the company will exceed aggregate of its paid-up share capital, free reserves and securities premium, apart from temporary loans obtained from the company’s bankers in the ordinary course of business (the special resolution shall specify the total amount up to which monies may be borrowed) to remit, or give time for the repayment of, any debt due from a director
The integration of savings, demat, and trading accounts into a unified platform via Karnataka Bank ’ s partnership with FISDOM represents a strategic ...
India comes at which place recently in the global hunger index?
When is the International Day of Persons with Disabilities (IDPD) observed every year?
What is the primary objective of the partnership between the Indian Institute of Management Indore and the National Skill Development Corporation (NSDC)?
Which Indian state showed the highest increase in GST revenues in August 2024?
On 12th December, 2022, Mirosław Hermaszewski died as a polished cosmonaut, he hails from the country?
What is the theme of World Cancer Day 2022?
Which real estate developer was awarded as the "Emerging Developer of the Year"?
Which bank has launched a first-of-its-kind multi-branded credit card -- Avios Visa Infinite Credit Card' -- for all customers, in partnership with Brit...
Which Indian State/Union Territory is set to have its first Biodiversity Heritage Site (BHS) with Yaya Tso, a high-altitude lake, becoming the region's ...