Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
 
Skip Navigation Links
V.S. Datey on Companies Act, 2013
  • INTER CORPORATE LOANS

    by MUKESH GOEL on Wednesday, May 02, 2018 at 03:09 PM

    TWO PVT LTD COMPANIES A PVT. LTD & B PVT. LTD. HAVE COMMON DIRECTORS BUT DIRECTORS HAVE NIL SHAREHOLDING IN BOTH OF THEM. WILL BOTH THE COMPANIES BE HIT BY SECTION 185 AND A PVT. LTD CAN'T GIVE LOAN TO B PVT. LTD.EVEN THE DIRECTORS HAVE NO SHAREHOLDING AT ALL. BOTH THE COS HAVE DIFFERENT HOLDING COS BUT ONE ULTIMATE HOLDING CO.

    Replied byV.S. Datey Friday, May 04, 2018 at 02:45 PM

    they should be able to give loan - why section 185 will get attracted? V S Datey

 
taxmann.com
Payment
Best view in 1140 x 768