Analysis of Sec 185 of the companies act 2013: Every banker should know

CA Sumat Singhal , Last updated: 06 January 2016 Share Follow on Google News

Giving a corporate guarantee to banks/lenders by a company, other than the borrower, that the loan will be paid back, is a usual practice in the normal course of trade and commerce across the world. By and large, a larger company (often a known flagship or holding or parent company or another relate

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About the Author

CA Sumat Singhal

Credit Analyst/ Financial Services/ Accounts & Finance

FCA, FCS, CMA, EMBA, DTIRM, FAFD(ICAI), CCP, MOODYS CREDIT, CAIIB, BCOM. Currently Working with State Bank Of India.There is no hierarchy of control, it is the opportunity to learn, grow in responsibilities, to contribute and be recognised.I am a result-oriented person with illustrious career with prestigious venture g ... Read more

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