Inter-corporate loans and investments under section 372A

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..... have been recently liberalised by the Government through Companies (Amendment) Act, 1999. However, apprehensions have been expressed in some quarters with regard to possible misuse of these provisions by companies. I shall, therefore, be grateful if the Chambers could draw the attention of their constituents to the following: (i) The companies are expected to obtain the approval for making inve .....

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