Can a Holding Company give loans to Subsidiary company, which is not a fully owned subsidiary
Loans to subsidiary companies (not 100% subsidiary)
prasad mullapudi (Student) (66 Points)
08 April 2016
1 Replies
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 13 April 2016
Hi Prasad,
Yes, holding company can give loan to a subsidiary company provided you are required to comply with provisions of Section 186 of the Companies Act, 2013. Kindly go through the section and rules for detailed understanding of yourself.
Regards,
Arjun Rajagopal
Recent Topics
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
Related Threads
CAclubindia
