Issue related to section 185 of companies bill 2013

This query is : Resolved 

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.

12 December 2013 Read Circular No. 18/2013 issued on 19.11.2013 by MCA.


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