Power of company to pay interest out of capital in certain cases.

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....f the construction of any work or building, or the provision of any plant, which cannot be made profitable for a lengthy period, the company may      (a) pay interest on so much of that share capital as is for the time being paid-up, for the period and subject to the conditions and restrictions mentioned in sub-sections (2) to (7); and      (b) charge ....

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.... on, the circumstances of the case; and may, before making the appointment, require the company to give security for the payment of the costs of the inquiry. (5) The payment of interest shall be made only for such period as may be determined by the Central Government; and that period shall in no case extend beyond the close of the half-year next after the half-year during which the work or buil....