banner_ad

Loan to pvt co,

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 June 2015 DEAR SIR/MADAM

THERE IS TWO PRIVATE CO. HAVING THREE COMMON DIRECTOR.FIRST PRIVATE CO. IS GIVEN LOAN TO SECOND PRIVATE CO. WHICH IS IN CONTRADICTION OF SEC-185.

SO I WANT TO KNOW WHETHER THERE IS WAYOUT OF SEC-185.
Profile Image

Swati Sethi

Profile Image

Swati Sethi (Expert)
17 June 2015 After June 05, 2015 Section 185 does not apply to Private Company if Private Company Complies with certain conditions
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details