Dear Sir,
What if a holding company gives loan to its subsdiary company, both being pvt companies? What are the compliances regarding the same?
Please revert.
Dear Sir,
What if a holding company gives loan to its subsdiary company, both being pvt companies? What are the compliances regarding the same?
Please revert.
Mam
section 372A does not applied on private comanies....so no complianes required....
it will applied if a public company give loan to its subisidiary co. which is a private co.
1] H -> S = Comply Sec. 179,185,186 and related Rules
H -> WOS = Comply Sec. 179.
2] You may want to wait for the clarification on latest draft notification expressing to restore some exemptions to Private Ltd Co.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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