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?
If a company gives a guarantee to someone, does it require reporting to ROC?
If a company gives a guarantee to someone, does it have to report it to ROC?
In the context of Section 185 & 186 of Companies Act 2013, if any group
private limited company wants to give/provide corporate guarantee and
equitable mortgage of its property in favour of its holding public limited
company, is it possible to give the same. What if both the companies are
private limited companies?
If a company gives guarantee to someone, does it have to report it to ROC? Could you shed light on it from both private as well as public corporations area?
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A holding company wants to give guarantee on behalf of its wholly
owned subsidiary with respect to a loan taken by the latter. Can the
holding company do so ?
Can a pvt company give guarantee on a loan taken by an huf, the karta of which is a director in the company
As such by reading section 185 i think no....but wanted to recheck and specifically when Section 186 allows company to borrow, provide guarantee upto 60% of its paid up capital and free reserves....does transaction specified in Section 185 also falls for Section 186 limited
Kindly throw in your view pts
Is a company giving corporate guarantee in respect of another company required to file form CHG-1 for giving corporate guarantee.
If anyone can help.
Is it required to create and file charge for creation of bank guarantee against FDs held in the bank?
Can you please tell me the stamp duty applicable on Pledge and Guarantee in Tamil Nadu state? and where is it mentioned in the Stamp Act?
We have a Sec 8 company limited by guarantee. Now they want to convert it to sec 8 company limited by shares.
Can anyone please provide process for the same or reference of section/rules for the same.?
Thanks in advance
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