Loan To Directors - Section 185 Of The Companies Act, 2013

Pursuant to the provisions of section 185(1) of the Companies Act, 2013 no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken

source https://www.caclubindia.com/articles/loan-to-directors-section-185-of-companies-act-2013-46117.asp

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