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Company Law | ROC Penalises Company & Directors for Borrowing Money Without a Board Resolution

2 Sept 2026 · 2 Sept 2026By CS Divesh Goyal

ROC Karnataka imposed Rs. 90,000 penalty on SDU Projects and two directors for borrowing without prior Board resolutions under Section 179(3)(d). The post ROC Penalises Company & Directors for Borrowing Money Without a Board Resolution appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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