Loan to directors section 185

329 views
User Avatar

dombivli
50 Points Posted on 28 August 2021
whether a company can give loan to its directors...?
0 Reply Share Follow
On 28 August 2021 at 15:34 Report
Replies (3)
Quick Summary
This discussion clarifies whether a company can provide loans to its directors, specifically addressing the rules under Section 185 of the Companies Act. It confirms that government companies can indeed offer loans to directors, but only if specific conditions are met. Further details are available regarding these requirements.

User Avatar

4 Points Posted on 28 August 2021
Govt company
Reply
On 28 August 2021 at 19:50
User Avatar

Chartered Accountant
24588 Points Posted on 29 August 2021
Yes but as per specific conditions
Reply
On 29 August 2021 at 07:58
User Avatar

372 Points Posted on 29 August 2021
Yes wtd & MD
Reply
On 29 August 2021 at 16:20

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Belated Return where Form 10IEA filed this year to
  2. GST Reconciliation Tool (2A vs Books) - looking fo
  3. TDS ON PF FORM 19 WITHDRAWAL
  4. Can a virtual office in Mumbai be used for company
  5. Eway and e invoicing in condition where 4 party ar
  6. Bank balance in ITR-3
  7. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  8. Tempsens Instruments IPO GMP Allotment Listing dat
  9. Upload Type - Correction. Not showing in TDS filli
  10. Partnership tax audit query

More recent discussions | Post

Related Topics :

Loading