Intercorporate loans & guarantees

Dear Ms. Meena,

Your query needs some more clarification:

I am giving my views on the presumption that A is the holding company B is the subsidiary company and C is the third party. Now i think your query is can A gives gurantee to C for providing loan to B.

Sec 372A is not applicable to Private company. Taking into your case if its a Public company then also i think it would be exempted as per the Sec 372 A (8) (d).

I hope i have understood your query in right manner.

Nidhi