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    As per section 185 of the Companies Act 2013, no company can give loan or Guarantee in respect of loan to director or any other person in which such director is interested.

    Posted By : mahimajain / Published on : 25-Mar-2023 05:05 AM / View : 146 / Comment : 0

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    Hello Professionals

    As per section 185 of the Companies Act 2013, no company can give loan or
    Guarantee in respect of loan to director or any other person in which such
    director is interested. Can a company give corporate guarantee or offer
    security in respect of any loan taken by its subsidiary/company in which
    director is interested/ where management is common from the Bank?
    Read more on : director loan other person which interested such guarantee companies

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