Legal Question in Business Law in India
Whether loan from a public limited company to another public limited with common directors would attract section 295(1)(e) of the companies act 1956
Asked on 11/08/09, 1:02 am
2 Answers from Attorneys
Seshadri Srinivasan
www.lawconcern.com
There are certain restrictions and conditions which will apply for loan/ deposit between tow related companies.
Questions with complete facts ONLY can be advised.
Answered on 11/08/09, 3:08 am
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