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Corporate guarantee

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(Querist)
12 October 2012 Can Corporate Guarantee be executed in favour of the Government of India by a public Company?

Does the Companies act,1956 have any provisons pertaining to this?
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Ajay Mishra

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Ajay Mishra (Expert)
12 October 2012 Hi

I think, the public company can under section 372A of the Companies Act, 1956.

Other views are also solicited.

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