Loan to director and section 185

CS Manohar Mishra , Last updated: 06 November 2015  
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The word Loan is nowhere defined under the Companies Act, 2013. In common parlance it means giving certain sum of money, to a person or body corporate, for a certain period of time at a Interest rate and on upon the request of the borrower. Section 185 of the Companies Act, 2013: Pursuant to the

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CS Manohar Mishra
(Professional)
Category Corporate Law   Report

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