Section 185 of the Companies Act, 2013 contains prohibition, restriction and exemption for providing Loan, Guarantee, and Security to the Directors of the Company and any of their relatives.
source https://www.caclubindia.com/articles/can-company-give-loans-to-directors-and-directors-47600.asp
source https://www.caclubindia.com/articles/can-company-give-loans-to-directors-and-directors-47600.asp
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