Borrowing us 293 of companies act
This query is : Resolved
YOGESH GUPTA
(Querist)
02 February 2010
Whether the loan for vehicle/ machinery/ to be included to calculate the borrowing power us 293 of companies act.
REgards
Yogesh gupta
REgards
Yogesh gupta
02 February 2010
All the secured and unsecured loans of the Company would have to be considered for calculation of the borrowing power limits.
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