Hi friends,
What are all the requirements for giving loan to group companies and which sec deals with this?
CA D Santosh Kumar Patro (Asst. Manager Finance & Controlling) (88 Points)
01 July 2009Hi friends,
What are all the requirements for giving loan to group companies and which sec deals with this?
CS Ekta
(Company Secretary)
(309 Points)
Replied 01 July 2009
Please refer sec 295, 299 and sec 372A of the Companies Act 1956