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
pls expain how and what r the applicable sections
Aditya Maheshwari
(Expert)
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.
If loan is between 301 parties then the same needs to be reported in the CARO report.
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