Sec 372 A of Co's Act, 1956

sir

U have not understood my question .

My question is whehter exemption u/s 372A(8) still there in case of guarantee given by a Co. to it's wholly own subsidiary for a laon given by a subsidiary to any person. ?

bcoz there is no mention of the ICAI module & Munish bhandari sir's buk....both says that exemption is there in case of guarntee given by a Co. to a person for loan given to Co's wholly own subsidiary .....but they didn't mention about recerse case ?

plz try to understand my question