VA. Where the company has not used the borrowings from banks and financial institutions for the specific purp… — THE COMPANIES ACT, 2013

[VA. Where the company has not used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used.]

1 [VA. Where the company has not used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used.] W. If, in the opinion of the Board, any of the assets other than 2 [Property, Plant and Equipment] 3 [,Intangible assets] and non-current investments do not have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, the fact that the Board is of that opinion, shall be stated. 4* * * * *

Section 1