Section 186 of companies act 2013
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 August 2015
The limit of 60% of Share Capital and Free reserve of the Company to give loan and guarantees is total aggregate limit including old loans outstanding or this limit is for giving to a single person/company.
10 August 2015
https://taxguru.in/company-law/loan-investment-company-section-186-companies-act-2013.html
10 August 2015
https://taxguru.in/company-law/section-185-186-companies-act-2013-simplified-practical-aspects-examples.html
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