Intrested directors

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 July 2013 Suppose there are 2 Joint Venture companies A and B having 3 interested directors. Company B holds certain shares of company A. Now Company B wants to avail loan from Bank. Company B use shares held by it of Company A as security.
Now the question is, does any disclosure is required by the interested directors or what will be the procedure to avail loan and what will be duties of intrested directors?? reply soon

Very urgent query

18 April 2017 Very old query need to be closed now



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