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[Cites 0, Cited by 1] [Section 180(1)] [Section 180] [Entire Act]

Union of India - Subsection

Section 180(1)(c) in The Companies Act, 2013

(c)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 and free reserves, apart from temporary loans obtained from the company’s bankers in the ordinary course of business: