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Inter corporate loan/deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 January 2016 Can a Pvt Company give Inter Corporate Deposit to another Public & Private Limited? is there any implication if the lending company is member of borrowing company? Can Lending company can give interest free Inter Corporate Loan/deposit? Kindly advise with the relevant section of Companies Act, 2013?
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
22 January 2016 1. Interest free loan cant give.
2. no issue of membership.
3. Just check your companies are not falling in 185

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