Can the subsidiary company give guarantee or loan to holding
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 February 2015
can the subsidiary company give guarantee or loan to holding Company and vice versa
CS Mitesh Mehta
(Expert)
27 February 2015
YES.
Provided the directors of subsidiary company do not hold any shares in holding company or is not directors of holding company
Section 185 is not attracted
Provided the directors of subsidiary company do not hold any shares in holding company or is not directors of holding company
Section 185 is not attracted
CS Divesh Goyal
(Expert)
03 March 2015
company cant give loan to director and the persons interesred in directo.sent me.mail at
csdiveshgoyal@gmail.com
i will mail u cmplt process.
i have written article.
csdiveshgoyal@gmail.com
i will mail u cmplt process.
i have written article.
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