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Companies Law - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

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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