Loans to directors

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CA Nilam (Querist)

05 October 2013 Which provisions of The Companies Act 2013 are related to Loan to director, member & relatives of director.... and which provisions are related to Loan to body corporates

Ajay Mishra

Ajay Mishra (Expert)

05 October 2013 Hi

Section 185 of the Companies Act, 2013 deal with Loan to directors of the company.

Ankur Garg

Ankur Garg (Expert)

05 October 2013 Kindly refer section 185 and 186 of Companies Act, 2013 for your doubts.

Thanks

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CA Nilam

CA Nilam (Querist)

08 October 2013 in section 186 word "two layers of investment companies" is mentioned. what that means???

Aalok Chhaperwal

Aalok Chhaperwal (Expert)

08 October 2013 pls read for your doubt:

https://www.financialexpress.com/news/companies-bill-puts-rider-on-investment/1158324

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CA Nilam

CA Nilam (Querist)

09 October 2013 Thanks Alok sir but still i didnot understand "Company A can invest only in Company B and C through the subsidiary routes and cannot go beyond this." sentence in this article.

CA Nilam

CA Nilam (Querist)

09 October 2013 Is that mean a company can invest in only two subsidiaries?? and it is only subsidiary?? or wholly owned subsidiary??

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