Since the mortgaging/charging of the moveable or immovable properties as aforesaid in favour of the financial institutions/banks can be considered to be disposal of the Company's properties, it is necessary for the members to pass a Special Resolution under Section 180(1)(a) of the Companies ...
(hereinafter referred to as "the Board", which term shall be deemed to include any Committee constituted/to be constituted by the Board to exercise its powers including the powers conferred by this Resolution) to create, issue, offer and allot, directly or indirectly to or for the benefit of...