Loan given by Holding Co. to Subsidiary Co. does not always attract Sec.185

CA Nitesh Kumar More , Last updated: 31 May 2014  
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There is a general conception that if subsidiary co do not utilize loan given by its holding co for its principal business, provisions of sec 185 is attracted each every time. In other words, if loan given or guarantee given or security provided by holding co to its subsidiary is not exempted by th

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Published by

CA Nitesh Kumar More
(Chartered Accountant)
Category Corporate Law   Report

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