Companies Act, 2013 - S. 185
This query is : Resolved
23 June 2016
If the company given the loan to the director and recovered in FY it self.
What to do to avoid implications as per Section 185 of companies Act 2013??
23 June 2016
now you cannot take the loan again from the director.
23 June 2016
company has already recovered from director. what to do to avoid implications of S. 185 of companies Act, 2013 implications
23 June 2016
pls see notification dt 15.9.15
http://taxguru.in/company-law/companies-acceptance-of-deposits-second-amendment-rules-2015.html
http://taxguru.in/company-law/companies-acceptance-of-deposits-second-amendment-rules-2015.html
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