Sec 186

It will be covered under section 186 but not as Investment but as Loan.

thank you for reply , please confirm that  if a company is investing as ICD to  a company , i.e. loan given to a company , is it  right ? 

Yes, it will be shown under Short / Long term Loans in assets side.

Thanks, so ICD investment covered under sec 186 and icd investment should under limit which is precribed u/s 186 , is it right ?

Exactly.....