Section 372 a

Hello,

Prime Facie of facts i would suggest that in ur case it would not apply as at the time of making loan ur company holding status of Holding subsidiary company. 

So i dont think sec 372 A will apply irrespective of the fact that in future it looses its status of holding subsidiary companies.

But in future company will make some loan or investment then u need to comply with sec 372A.

Contrary views are welcomed.

Nidhi

Section 372a of companies act is not applicable to a transactions btwn holding and subsidiary company.........others view solicited

Section 372a of companies act is not applicable to a transactions btwn holding and subsidiary company.........others view solicited