Loans to directors

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CA Nilam (Querist)
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05 October 2013 Which provisions of The Companies Act 2013 are related to Loan to director, member & relatives of director.... and which provisions are related to Loan to body corporates

Ajay Mishra

Ajay Mishra (Expert)
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05 October 2013 Hi

Section 185 of the Companies Act, 2013 deal with Loan to directors of the company.

Ankur Garg

Ankur Garg (Expert)
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05 October 2013 Kindly refer section 185 and 186 of Companies Act, 2013 for your doubts.

Thanks

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CA Nilam

CA Nilam (Querist)
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08 October 2013 in section 186 word "two layers of investment companies" is mentioned. what that means???

Aalok Chhaperwal

Aalok Chhaperwal (Expert)
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08 October 2013 pls read for your doubt:

http://www.financialexpress.com/news/companies-bill-puts-rider-on-investment/1158324

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CA Nilam

CA Nilam (Querist)
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09 October 2013 Thanks Alok sir but still i didnot understand "Company A can invest only in Company B and C through the subsidiary routes and cannot go beyond this." sentence in this article.

CA Nilam

CA Nilam (Querist)
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09 October 2013 Is that mean a company can invest in only two subsidiaries?? and it is only subsidiary?? or wholly owned subsidiary??