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Jainath Kumar (Auditor)     19 June 2014

Companies act, 2013 - loan given to unrelated party

As per Companies Act, 2013 : Can Private Limited Company give loan to unrelated party(not a Director/ Shareholder/ Employees etc.) within the limit as prescribed in Caompanies Act 2013.

Please consider it as an urgent!

Thanks in advance for your response!


 1 Replies

RoHaN k

RoHaN k (CA & CS)     19 June 2014

Yes , subject to the provisions of section 179 and 186.

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