section 185

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88 Points Joined August 2017
Can we give loan to directors in ordinary coarse of business at arms length?
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On 09 July 2019 at 07:22 Report
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student
408 Points Joined May 2014
company can give loan to whole time director and managing director, subject to other conditions mentioned in 185
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On 09 July 2019 at 11:09
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8 Points Joined July 2019
Company which provides loans in the ordinary course of business can give loan to directors provided rate of interest is not less than prevailing yield of 1/3/5/10 years government securities closest to tenor of loan
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On 09 July 2019 at 14:05


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