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Section 179 of CA 2013 : Section 179: Powers Of Board

The Companies Act, 2013

CHAPTER XII: MEETINGS OF BOARD AND ITS POWERS

Section 179: Powers Of Board

Explanation using examples

Imagine a technology company, "InnovTech Ltd.", where the Board of Directors is considering expanding their operations. The Board wants to take a loan to fund this expansion. Under Section 179(3)(d) of the Companie