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The Board of Directors of a company may contribute to bona fide charitable and other funds:
Provided that prior permission of the company in general meeting shall be required for such contribution in case any amount the aggregate of which, in any financial year, exceed five per cent. of its average net profits for the three immediately preceding financial years.
On June 18, 2025, SEBI announced major changes in the SEBI Merchant Banker Regulations in its p...
The NBFC sector in India has long played a key role in credit distribution. However, the bigges...
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