A private limited company has given a loan to another private limited company having a common director. We need to file compounding application for non compliance of Section 185 of the Companies Act, 2013. Who all will be punishable under the provisions of Section 185(2)? Will both the companies be punishable or the common director will also be punishable?
Posted by ASHOK TYAGI on 16 Dec 2016
Section 226 Voluntary winding up of company, etc., not to stop investigation proceedings.[Not notified yet]You should be login to post your answer, post your comment, like, dislike. To login Click Here