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Read more about the article Can Private Company Give Loan or Guarantee for Directors Bank Loan?

Can Private Company Give Loan or Guarantee for Directors Bank Loan?

  • Post author:Corpind Cart
  • Post published:June 18, 2020
  • Post category:blogs
  • Post comments:0 Comments

Section 185- Loan To Directors, Etc. As per Section 185(1) a company cannot advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in…

Continue ReadingCan Private Company Give Loan or Guarantee for Directors Bank Loan?

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