where company had defaulted in PMT of Deposit/it Interest
can it give loan Any Person?
( no other problem except above)
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sec 186 defaulted in PMT of Deposit/it Interest
Replies (3)
I think that.. If there is mistake so soryy😁
No as per clause 8 of Section 186, a comapny if defaulted in payment of dues on deposits , cannot give Loan. ml
sub sec 8
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