hiiiiiiiiiiiiiii Friends
I have a question regarding inter company Transanction.
My question is that can a company mortgage their property on behalf of other company to the Bank to take loan.
Pls reply as soon as possible
Menu
Mortgage of Property
Replies (2)
| Originally posted by :Jitender Kumawat | ||
| " |
hiiiiiiiiiiiiiii Friends
Yes subject to section 372A of companies Act 1956 |
" |
Dear Member
Please also check if Company has also been permitted by its AOA or MOA to give security for loans of other companies.
regards
CS Gaurav Jain
Recent Topics :
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
Related Topics :
CAclubindia
