Loans and/or advances made by the companies to their employees, ...
Employee Loans Exempt from Companies Act 2013 Section 186; Directors Covered by Section 185 Instead.
March 11, 2015
Circulars Companies Law
Loans and/or advances made by the companies to their employees, other than the managing or whole time directors (which is governed by section 185) are not governed by the requirements of section 186 of the Companies Act,2013
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