Advertise With Us

    Section 77 of the Companies Act, 2013

    Posted By : Sohil / Published on : 19-Sep-2022 05:34 AM / View : 55 / Comment : 0

    Print button
    Dear Friends,

    A company purchased a motor vehicle in the name of a director of
    the company. It is also the co-borrower of the loan taken for the said
    purpose. Does this transaction fall under the ambit of the provisions
    of section 77 of the Companies Act, 2013 ?

    What difference would it make if the loan was taken only in the name
    of the director but the payment was made by the company ?
    Read more on : companies section

      Please Select File:

    Other Queries from Sohil
    What's New on

    Unanswered Queries
    Latest Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or