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Querist : Anonymous

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Querist : Anonymous (Querist)
28 October 2010 1. can a public limited company give loans to outside parties ? if yes, is there any compliances to be followed ?

2. If a public limited company is investing more than 50% of shares in a private limited company then what are the consequences ?
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CS SIDDHARTHA BANIK

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CS SIDDHARTHA BANIK (Expert)
28 October 2010 Hi,

Pl. comply with Sec 372A.

Thanks,

CS Siddhartha Banik
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CA Amit Joshi

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CA Amit Joshi (Expert)
28 October 2010 check 372A of companies act.
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