Sec 295

This query is : Resolved 

05 July 2011 Dear Experts...

Can anyone explain me Sec. 295..
can company (both pvt.& pub.) give loan to Directors?
If Yes... is there any specific limit to give loan?

what is the procedure to take Central Government permission?

05 July 2011 see this link

https://www.caclubindia.com/articles/a-compliance-note-loan-to-directors-section-295--10303.asp



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