Borrowings

It shall be competent for the Board of Directors to borrow fund in any manner either   from members or from institutions registered under the Kerala Co-operative Societies   Act or those registered under Companies Act or from Rubber Board itself  at the rate    of interest to be decided by the Board of Directors from time to time as per directions   from the Registrar and financing bank.

MAXIMUM BORROWING LIMIT

The total borrowings of the Society both by way of deposits or otherwise and whether from members or others shall not at any time exceed thirty times the paid up share Capital Plus Reserve Fund.Provided that the Registrar may for reasons to be recorded by him in writing reduce the limit fixed and when he does so the limit as fixed by him shall not be exceeded.