Section 185

a) Loan to the AOP:  AOP will be in the nature of a firm in which director is partner and hence prohibited under Explanation (b) to Sec.185(1).

b) Loan to JV:  Prohibited if covered under Explanation (c), (d) or (e).

Thanks Sir.

If possible, then kindly give example of the case when the loan to JV will be covered under explanation (c), (d) and (e). and whether there is no difference between AOP and Firm for Section 185 of Companies Act, 2013.