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Citedby 12 docs - [View All]
In Re: The India Electric Works ... vs Unknown on 27 August, 1968
Bank Of Maharashtra Ltd. vs Official Liquidator, Mysore High ... on 30 August, 1968
V.S. Krishnan And Ors. vs Westfort Hi-Tech Hospital ... on 5 July, 2006
Hindusthan Commercial Bank Ltd. vs Hindusthan General Electrical ... on 11 August, 1959
Turner Morrison & Co. Ltd. vs Shalimar Tar Products (1935) Ltd. ... on 6 December, 1978

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[Section 293(1)] [Section 293] [Complete Act]
Central Government Act
Section 293(1)(d) in The Companies Act, 1956
(d) borrow moneys after the commencement of this Act, where the moneys to be borrowed, together with the moneys already borrowed by the company (apart from temporary loans obtained from the company' s bankers in the ordinary course of business), will exceed the aggregate of the paid- up capital of the company and its free reserves, that is to say, reserves not set apart for any specific purpose; or