Section 186 provides provisions for Loan and investment by company, which is applicable from 1.4.2014. Transactions entered into up to 31.3.2014 will be covered by erstwhile corresponding Section 372A of Companies. Section 186 covers 3 types of specified transactions entered into by a company directly or indirectly: Loans to any person or other body corporate;… Continue reading A bird’s view on the applicability of section 186 of Companies Act, 2013
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