IS IT MANDATORY FOR THE PRIVATE LIMITED COMPANY TO HAVE A CLAUSE IN MOA FOR PROVIDE CORPORATE GUARANTEE TO ANOTHER PVT LTD COMPANY
IS IT MANDATORY FOR THE PRIVATE LIMITED COMPANY TO HAVE A CLAUSE IN MOA FOR PROVIDE CORPORATE GUARANTEE TO ANOTHER PVT LTD COMPANY
No.
Act itself permitted companies to give CG (Corporate Guarantee) to others within the limit and hence i feel, it is not required to mentione specifically in the MOA.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
