Can the subsidiary company give guarantee or loan to holding

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 February 2015 can the subsidiary company give guarantee or loan to holding Company and vice versa

27 February 2015 YES.

Provided the directors of subsidiary company do not hold any shares in holding company or is not directors of holding company

Section 185 is not attracted

03 March 2015 company cant give loan to director and the persons interesred in directo.sent me.mail at
csdiveshgoyal@gmail.com
i will mail u cmplt process.
i have written article.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries