Exploring the Legality: Interest-Free Loans from Parent Companies to Wholly Owned Subsidiaries

CS Binit Thakur , Last updated: 05 April 2024  
  Share


The matter at hand involves the permissibility of a company extending an interest-free loan to its Wholly Owned Subsidiary Company, as governed by the provisions of Section 186 of the Companies Act, 2013. The key considerations and relevant provisions are summarized below. Highlights of the P

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CS Binit Thakur
(company secretary)
Category Corporate Law   Report

  4100 Views

Comments


Related Articles


Loading


Popular Articles




CCI Pro
Follow us

CCI Articles

submit article