Can a Holding Company give loans to Subsidiary company, which is not a fully owned subsidiary
Can a Holding Company give loans to Subsidiary company, which is not a fully owned subsidiary
Hi Prasad,
Yes, holding company can give loan to a subsidiary company provided you are required to comply with provisions of Section 186 of the Companies Act, 2013. Kindly go through the section and rules for detailed understanding of yourself.
Regards,
Arjun Rajagopal
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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