Can someone please give the solution and explanation for this question?
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Share complete Item Set Bajaj
The question relates to the last part of the item set only that I’ve share. Hope it helps. Thanks
as per my understanding i think that at the time of agreement there is a covenant mentioned in the deed that mg. cannot use debt to do repurchase of shares as co. will have to pay interest on that debt making a conflict of interest with current debt providers.