Section 180
juli (Student CS) (83 Points)
21 July 2016
vide circular by mca under saction 180 1 C private comapny are exempted to take pre sanction to borrow money from bank?
1 Replies
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 23 July 2016
Yes, Section 180 is not applicable to Private Limited companies vide Notification dated 05th June 2015
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