A Compliance Note: Loan to Directors (Section 295)

Pankaj Pendse , Last updated: 04 July 2011  
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Section 295 of the Companies Act deals with the pros cons while giving loan to directors. The section states that No public Company can without the prior approval of the Central Government give any loan to or give any security or guarantee in connection with a loan by any person to ( or to any p

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Pankaj Pendse
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Category Corporate Law   Report

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