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(Querist)
21 March 2011 Dear Members,

Can a listed company accept loans from a private company? If so what are the sections that will be attracted under Companies Act. Kindly clarify.

Regards
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
21 March 2011 It will be considered intercorporate investments attracting Section 372A of the Companies Act, 1956.

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