section 185 of companies act 2013

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..... section 185 of companies act 2013
Query (Issue) Started By: - sougata mitra Dated:- 30-7-2014 Last Reply Date:- 31-7-2014 Corporate Laws / SEBI / LLP
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Companies Law
If company .....

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..... A is itself a partner in partnership firm B, does restriction of section 185 of the Companies Act apply to corporate guarantee given by company A to secure the loan sanctioned to partnership firm B by .....

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..... the bank ? Reply By CA SOHRABH JINDAL: The Reply: NO, But if in partnership B, any director manager or relative of director and manager of company A is a partner then 185 will be applicable
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..... iscussion Forum - Knowledge Sharing .....

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