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Sec 185

This query is : Resolved 

15 November 2013 about sec 185 of companies act 2013 whether loan can be sactioned to a co. on the basis of guarantee of other co which holds shares in first co.

15 November 2013 Section 185 only talking to laon to MD and WTD.

other director or restricted.


Read section 192 of the new Companies Act, 2013.



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