Reg: sec 2(22)e
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2013
Dear experts
Plz let me know if a closely held company gives guarantee to bank for getting a loan to one of its closely held company, where all the common directors are there and charge some amount for giving such guarantee, will attract the provision of sec 2 (22) e or not??
thanks...
Plz let me know if a closely held company gives guarantee to bank for getting a loan to one of its closely held company, where all the common directors are there and charge some amount for giving such guarantee, will attract the provision of sec 2 (22) e or not??
thanks...
18 April 2017
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