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Section 372A

CS Pooja (Company Secretary) (305 Points)

16 April 2011  

Dear all,

Can a Private Limited company give loan to other sister companies?

Is there any restriction of Sectin 372A of the  Companies Act, 1956?

Regards,

CS Pooja


 2 Replies

nidhigoel89 (Company Secretary ) (582 Points)
Replied 16 April 2011

Hello!

 

Sec 372 is not applicable to pvt. co.........

 

Regards

Nidhi

nidhigoel89 (Company Secretary ) (582 Points)
Replied 16 April 2011

SRY ITS 372A..........NT APPLICABLE TO PVT. CO


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