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Section 8 company

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(Querist)
05 August 2014 Whether provisions of Section 185 of the Companies Act, 2013 is applicable to Section 8 company.

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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
05 August 2014 Yes. Provision of Section 185 of the Companies Act 2013 is applicable to Section 8 companies also since no specific exemption is given to Section 8 companies in from Section 185.

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