One of the group pvt Ltd company has lent sum to another group Pvt Ltd means defaulting section 185 of Companies Act 2013. I know i am free now to take the shadow under section 372a of Companies Act 1956 but assuming that 2013 act is fully applicable and 1956 has been repealed compltetely.
Can you pls suggest how to comply with section 185 now?
CAclubindia
