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public company gives loan
can a public company give a loan or financial assistance for the purpose of purchase of its share to a person?
Replies (2)
since question does not have relevant information. suggest to refer section 185 & 186 of companies act before giving loan to shareholders
Nooo....
Refer Section 67 of the Companies Act 2013 "Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its Shares".
Warm Regards.
Refer Section 67 of the Companies Act 2013 "Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its Shares".
Warm Regards.
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