Sec 188 - loan
Mattam & Associates (36 Points)
20 August 2020
whether loan given to related party covered u/s 188. If so under which clause
1 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 20 August 2020
It's not covered u/s 188 of The Companies Act, 2013
but it's covered u/s 185 and 186 of The Companies Act, 2013 subject to conditions and restriction.
but it's covered u/s 185 and 186 of The Companies Act, 2013 subject to conditions and restriction.
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