can a private limited company give loan to a private limited company when there are common directors of both the company??? shares of subsidairy company holded by holding company is less than 50%
Menu
Companies act 2013
Replies (1)
as per section 185, no can can give loan to any other company in which there are same directors. For elaborate provision go through section 185 reading.
Recent Topic
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
Related Topics
CAclubindia
