Sec 372a of companies act,1956
Querist : Anonymous
I just want to know whether Sec 372A limits applicable on corporate guarantee and bank guarantee given to customers/vendors.
and also want to know whether any loans given to customers/vendors.
becaz i heard that Sec 372A applicable only on related companies/group companies/ subsidiary etc.
pls give me your expert opinion in this
Querist : Anonymous
and also on CG and BG.
Querist : Anonymous
Whether sec applicable or not . give me proper explntion.
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