Investments made before commencement of Act.

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.... of Act. 373. Where any investments have been made by a company ^[1][in any other body corporate in the same group] at any time after the first day of April, 1952, which, if section 372 had been th....

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....he Board of directors of the company shall dispose of the investments, in so far as they may be in excess of the limits specified in sub-section (2) of section 372 and ^[2][the second proviso to that ....