A ltd invested in B Ltd and bLtd Providing Loan to A LTD .IS ths Possible? if yes then under what circumstance? wat are the law applicble to see??what is legal responsibilities? Both co. is private company.
amit kumar agarwal (practice) (67 Points)
08 June 2012A ltd invested in B Ltd and bLtd Providing Loan to A LTD .IS ths Possible? if yes then under what circumstance? wat are the law applicble to see??what is legal responsibilities? Both co. is private company.
CA. Nitesh
(Assistant Manager (Finance and Accounts))
(491 Points)
Replied 08 June 2012
Let me knw % of investment.
your question creates confusion as u writing A Ltd. and B Ltd. and Below u writing Both co. is private co.
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