section 295 of companies act, 1956
This query is : Open
24 February 2011
in a layman write-up i wud say
A company can not give, woth obtaining prior approval of the cntrl govt, any loan directly or indirectly -
- any director of company or its holding company
- any partner or relative of such director
- any firm in which such director or relative is a partner
- an pvt co. of which any such director is a director or member.
- any body corp., of which 25% or more of voting powers is controlled such director(s)
- any bdy corp. the BOD/MD/manager where of is accostomed to act in accordance with the directions or instructions of the board or of any directors of the leading compoany !
i think this is sufficient, if u like to know further u can contact me on avdhesh19@gmail.com on facebook !
don mail me .. can send me a msg on facebook
best o luck !
A company can not give, woth obtaining prior approval of the cntrl govt, any loan directly or indirectly -
- any director of company or its holding company
- any partner or relative of such director
- any firm in which such director or relative is a partner
- an pvt co. of which any such director is a director or member.
- any body corp., of which 25% or more of voting powers is controlled such director(s)
- any bdy corp. the BOD/MD/manager where of is accostomed to act in accordance with the directions or instructions of the board or of any directors of the leading compoany !
i think this is sufficient, if u like to know further u can contact me on avdhesh19@gmail.com on facebook !
don mail me .. can send me a msg on facebook
best o luck !
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Credit rating model
- Youtube income
- 115-BAC-for AOP-private discretionary trust
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- Insurance make against any item and later get insurance claim received
- Surcharge applicability on LTCG loss
- Cgst asmt - 10
- If Material shift from dry port local egm details not refleting on ICE gate portal
- ITR-U for AY21-22
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- APPLICABILITY OF RCM ON MAN POWER SUPPLY BY UN REGISTERED PERSON TO REGISTERED PERSON.
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
