Section 25(c) in Bombay Non-Trading Corporations Act, 1959
(c)invest, otherwise than in trust securities, the sale proceeds resulting from the disposal, after the commencement of this Act, without the consent of the corporation of any such undertaking as is referred to in clause (a), or of any premises or properties used for any such undertaking and without which it cannot be carried on or can be carried on only, with difficulty or only after a considerable time;
