Inter company loans

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Querist : Anonymous

Querist : Anonymous (Querist)

03 June 2013 Does Section 372 A applies to the companies under same management?.

Anil Sankar V

Anil Sankar V (Expert)
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03 June 2013 whether it is a subsidiary?

Querist : Anonymous

Querist : Anonymous (Querist)

03 June 2013 I wanted to know whether a public company can grant loan to a listed company. They both are under same management. There is no Holding-Subsidiary relationship. What if they now build Holding-Subsidiary relationship so that they can transfer loan.