Can a private ltd company give corp guarantee to a ltd. co.

Yes, of course a private company give corporate guarantee to a limited company provided the Objects Clause in the memorandum of the company allow such a guarantee and prior approval of the board is accorded by way of unanimous resolution passed at a board meeting and the guarantee provided is within the ceiling specified u/s 372A of the Companies Act, 1956.

Hello,

Provisions of Sec 372A of Companies Act would not be applicable in your case as its a private company.

Thanks!

Regards

Nidhi.