Section 372A

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Anchal (Querist)
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22 March 2010 can anyone please provide the resolution along with format of explanatory statement under section 372A fo the purpose of investments in any other body corporate

Ankur Garg

Ankur Garg (Expert)
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22 March 2010 Let me know your ID. I have the same in PDF format.

Anchal

Anchal (Querist)
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22 March 2010 anchal1211@yahoo.com

Anchal

Anchal (Querist)
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22 March 2010 sir i want one more clarification.
Actually i am confused with section 295 and section 372A.
Section 372A deals with loan to body corporate an section 295 deals with loan to director etc.
There may be some cases which can attract both the sections. so i just want clarification o this point as in practical how this is to be applied

Ankur Garg

Ankur Garg (Expert)
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22 March 2010 Plz check your ID. I have sent you some 372A resolutions with exp statement. Change them accordingly.

Ankur Garg

Ankur Garg (Expert)
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22 March 2010 Do not get confused between section 295 and 372A. Section 372A is applicable between 2 companies i.e. inter corporate loan etc.

Anchal

Anchal (Querist)
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24 March 2010 sir i didnt got your mail can you send me the format once again

Ankur Garg

Ankur Garg (Expert)
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24 March 2010 check your mail again.

Message likes : 1 times

Anchal

Anchal (Querist)
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25 March 2010 Thanks a lot Sir.

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