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Companies Law - Highlights / Catch Notes

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Loans to directors, etc - allows a company to give loan or ...

Companies Law

January 10, 2018

Loans to directors, etc - allows a company to give loan or guarantee or provide security to any person in whom any of the director is interested subject to passing of special resolution by the company and utilisation of loans by the borrowing company for its principal business activities - Section 185 of the Companies Act, 2013

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