Issue related to section 185 of companies bill 2013
This query is : Resolved
NAINA SINGHAL
(Querist)
12 December 2013
If a company provide loan & advances to a firm in which employee of the company are the partners and that firm give advance to the Directors or relative of the company then whether any implication as per companies bill 2013 or section 185 of companies bill 2013 attract or not.
Ajay Mishra
(Expert)
12 December 2013
Read Circular No. 18/2013 issued on 19.11.2013 by MCA.
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