Corporate gurantee

Dear Professional colleagues,

As per the Companies Act, 2013 can one company give corporate gurantee to another company.? Is it require to file eform CHG-1 and MGT-14..?? What is the procedure to follow...

Please share..

Thanks & Regards,

Abhishek

 

Replies (1)

Please  refer  Section 179  sub  section 3 wherein list  of  items  for  which  MGT 14  to  be  filed.

   To grant loans or give guarantee or provide security in respect of loans; -

 
You  are also  to  file  CHG 1
 

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