Provision text match · India · en
The Companies Act, 1956 No. 1 of 1956
The Companies Act, 1956 No. 1 of 1956 — segment 27
INVESTMENT IN OTHER COMPANIES, FORMATION OF SUBSIDIARIES, ETC (1) The general reserves of any Producer Company shall be invested to secure the highest returns available from approved securities, fixed deposits, units, bonds issued by the Government or co-operative or scheduled bank or in such other mode as may be prescribed. (2) Any Producer Company may, for
Topics: accounts, amalgamations and compromises, annual general meetings, annual return