Inter corporate loan/deposit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 January 2016
Can a Pvt Company give Inter Corporate Deposit to another Public & Private Limited? is there any implication if the lending company is member of borrowing company? Can Lending company can give interest free Inter Corporate Loan/deposit? Kindly advise with the relevant section of Companies Act, 2013?
22 January 2016
1. Interest free loan cant give.
2. no issue of membership.
3. Just check your companies are not falling in 185
2. no issue of membership.
3. Just check your companies are not falling in 185
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