loan

This query is : Resolved 

23 June 2011 can a private company give loan to a pavt company

pls expain how and what r the applicable sections

23 June 2011 Yes u can give. But there will be need to pass resolution for granting of loan. section 292 needs to be referred.

If loan is between 301 parties then the same needs to be reported in the CARO report.

23 June 2011 thanks a lot


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query