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Guarantees

This query is : Resolved 
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(Querist)
12 December 2009 Please solve, what is the legality to be seen while
a. Company gives guarantee
b. Director of the company gives guarantee to outsider or
c. Director of the company gives guarantee on behalf of an outsider to the company.
Please give sections, circulars etc in this regard.
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CS Snehal

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CS Snehal (Querist)
12 December 2009 An early reply will be appreciated.
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