CS C. M. Bindal     0000-00-00 00:00:00

APPLICABILITY OF SECTION 185 “LOANS TO DIRECTORS”   BASIC PROVISIONS Section 185 says “No company (both public & private) shall directly/indirectly Advance any loan (including loan represented by a book debt) to any of its directors or to any other person (Individual) in whom the director is interested* ; or Give any guarantee; or provide any security in connection wit.....

Continue Reading ยป