Please infrom that can bank take guarantee from company , suppose A and B is pvt ltd company having common directors. A pvt ltd wants CC from bank, and B Pvt Ltd wants to provide its guarantee for that. can B pvt ltd provide its gaurantee to A pvt ltd as per companies act 2013. Or please explain rules for corporate guarantee as per companies act 2013.
1 Replies
RACHANA DAGA
(CS)
(555 Points)
Replied 07 July 2014
Dear,
Kindly refer section 2 ( 87 ) (i ), 186 , Rule 10 of Companies (Meetings of Board and its powers ) rules 2014.
in my opinion it will solve your purpose.
if am wrong then kindly revert.
Recent Topics
- Accounting in Fintech companies
- Section 80DD Deduction Filing Error
- Which Form I have to fill - ITR1 or ITR2
- INTEREST EARNING IN USD AND JPY FCNR REPORTING IN
- ONLING FILLING ITR2 FOR PENSIONOR
- Sold Shares and purchased Open plot
- ITR 2 FILING FOR AY 2025-26
- TDS on Purchase of Property from Joint Owners
- TDS PURCHASE ON PROPERTY
- Sold shares and Purchased plot
Related Threads
Trending Online Classes
CAclubindia
