Clarification on Loan to Public Limited Companies Under Section 295 of the Companies Act

Last updated: 17 May 2011

Clarification on Loan to Public Limited Companies Under Section 295 of the Companies Act The Ministry of Corporate Affairs has issued clarification on loan to Public Limited Companies under Section 295 of the Companies Act. A circular issued by the Ministry in this regard says that it has come to the notice of the Ministry that some Companies are making applications for getting prior approval of Central Government when they propose to make any loan to, or give any guarantee or prov
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Attached File : 40_9311_loan_to_public_limited_companies_under_section_295.pdf


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