Section 295 (companies act 1956)
Querist : Anonymous
My query is that, can holding company (Public Co.) give a loan to its subsidiary or wholly owned subsidiary Company (Public Co.) or not as per the provisions of Companies Act, 1956?
All view are welcum.
Regards
Querist : Anonymous
Thanks for the valuable suggetion.
Can a wholly owned subsidiary or subsidiary company (Public Co.)give loan to its holding, in case of common directorship?
Regards
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