Connected Persons etc Sample Clauses

Connected Persons etc. (a) ▇▇▇▇▇▇ and the Subsidiaries are not and have not been in breach of section 29 of the Companies Act, 1990 (as amended) or section 238 (i.e. non-cash assets) of the Companies Act, 2014. (b) ▇▇▇▇▇▇ and the Subsidiaries are not and have not been in breach of section 31 of the Companies Act, 1990 (as amended) or section 239 (i.e. loan, quasi loan, credit transaction, security or guarantee) of the Companies Act, 2014. (c) No person has given any guarantee of or security for any overdraft, loan or loan facility granted to ▇▇▇▇▇▇. ▇▇▇▇▇▇ is not a party to any guarantee, suretyship, comfort letter or any other obligation (whatever called) to pay or provide funds in the event of default in the payment of any indebtedness of any other person. (d) Neither ▇▇▇▇▇▇, the Subsidiaries nor any of the directors of those companies are in breach of section 60 of the Companies Act, 1963 (as amended) nor section 82 (Financial assistance for acquisition of shares) of the Companies Act, 2014.