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Clarification under sub-section (7) of section 186 of the Companies Act, 2013

Companies Law - 06/2015 - Dated:- 9-4-2015 - General Circular No. 06/2015 File No. 5/3/13-CL.V Government of India Ministry of Corporate Affairs 5th floor, 'A' wing, Shastri Bhavan Dr. R P Road, New Delhi. Dated 9th April, 2015 All Regional D .....

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turn) on tax free bonds is greater than the yield on prevailing bank rate, there was no violation of Section 372A(3) of Companies Act, 1956. Stakeholders have requested for similar clarification w.r.t. corresponding section 186(7) of the Companies Ac .....

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