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Detailed discussion of Section 185 of the Companies Act 2013
This refers that the "Companies Act likely to jolt Corporate World". Section 185 of the Companies Act, 2013, which puts restrictions on inter-corporate loans, jolted the corporate world. Until now, Companies were in the habit of borrowing funds from banks and passing them on to subsidiaries and...
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Loan to Director - Section 185 of Companies (Amendment) Act 2017
In this Research editorial, the author begins by referring to the provisions of Section 185 of the Companies Amendment Act, 2017 (Loan to Directors and entities in which directors are interested). The main focus of this research editorial on “Which are the entities to whom Company can give Loan...