Subsidiay company

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CA
58 Points Posted on 08 June 2017
can subsidiary company give loan to its holding company
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On 08 June 2017 at 14:55 Report
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Company Secretary
1253 Points Posted on 08 June 2017

A holding company can provide loan to its wholly owned subsidiary but vice versa is not exempted in case both the companies have common directors.

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On 08 June 2017 at 17:19
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Practicing CS
82 Points Posted on 09 June 2017

I guess a subsidiary can give loan to its holding company, if it does not attract any of the restrictions provided under section 185.

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On 09 June 2017 at 12:52
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Associate
152 Points Posted on 13 June 2017
yes a subsidiary company can give loans but it should be compliant to section 186 and 185
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On 13 June 2017 at 00:52

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