Section 185 of companies act 2013
Querist : Anonymous
can XYZ Pvt.Ltd can give loan to ABC Pvt.ltd?
if xyz ltd has given loan earlier to sept 2013 for period of 10 yrs, whether it is mandatory to return the loan-what is due date for returning back?
can XYZ pvt ltd can give share application instead of loan- provision applicable there off
Thanks in Advance
Hence it not covered u/s 185. However, it should not be renewed & should be repaid on due date.
Querist : Anonymous
Thanks in advance
Querist : Anonymous
If it is foreign investment it will be with in 180 days.
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