SECTION 295

Ameet (L) (1678 Points)

02 June 2010  

CAN ANYONE CAN GUID ME IN FOLLOWING AREAS ?

1) WHAT IS THE LOAN GIVEN TO DIRECTOR BEFORE THE COMPANY CONVERTED IN TO PUBLIC AND THIS AMOUNT IS OUTSTANDING ?

2) WHAT IS THE LOAN GIVEN TO DIRECTOR BEFORE THE COMPANY CONVERTED IN TO PUBLIC AND THIS AMOUNT IS NOT OUTSTANDING ?

3) WHT IS LOAN GIVEN TO DIRECTOR DURING THE YEAR AFTER CONVERTED IN TO PUBLIC CO. BUT NO OUTSTANDING AT YEAR END.

4) KINDLY EXPLAIN THE MAXIMUM AMOUNT OF HOUSING LOAN LOAN AND CONDITION FOR HOUSING LOAN GIVEN TO DIRECTOR. ?

5) WHAT WILL BE THE INTEREST RATE FOR HOUSING LOAN ?

IT WILL BE BETTER IF YOU MENTION THE CLAUSE OF SECTION AND SUPPORTING REFERENCE.