29 February 2024
A Pvt Ltd Company gives a loan B Ltd Company. C Ltd Company holds 100% shares in B Ltd. In A Pvt Ltd, an individual shareholder possesses a 40% stake and concurrently holds a 17% share in C Limited. Simultaneously, the spouse of this individual shareholder, who owns 10% of A Pvt Company, also holds a 15% interest in C Limited. Whether this scenario falls within the purview of Section 2(22)(e).