Corporate guarantee
This query is : Resolved
ifla almaas
(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?
Does the Companies act,1956 have any provisons pertaining to this?
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.
I think, the public company can under section 372A of the Companies Act, 1956.
Other views are also solicited.
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