Inter-corporate loan by Pvt Ltd company

Lila (Job) (449 Points)

01 August 2022  

A company has given inter-corporate loan above the limit specified by sec 186(2) of companies Act, but has not filed special resolution (MGT-14) with MCA.

What are the reporting liabilities on auditor in such case (CARO not applicable) - Does he need to report it anywhere?

What if company now files it with MCA, what would be penalty for 8 months of delay.

Can a request for condonation of delay be filed?