inter corporate borrowing
This query is : Resolved
24 November 2009
Whether a company can take or not a loan without any ceiling?
24 November 2009
A private limited company can take any amount of inter corporate deposit (ICD).
A public limited can also take any amount of ICD subject to provisions of Section 293(1)(d) of the companies act
A public limited can also take any amount of ICD subject to provisions of Section 293(1)(d) of the companies act
24 November 2009
yes,for public company sec.293(1)(d) should be follow.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Cloud service
- Forgot to update debit note in gst
- GST ON FOREIGN CLIENT
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- Ca final exam registration may-26
- Sale of Gold ornaments
- Conversion of Pvt Ltd Company to a LLP
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
