As compared to its predecessor clause, the present Act is inflexible for several reasons. For one any loan/investment made into a wholly owned subsidiary will be included for the purpose of determining the thresholds prescribed.
source https://www.caclubindia.com/articles/section-186-of-companies-act-2013-need-for-judicial-review-in-certain-areas-47699.asp
source https://www.caclubindia.com/articles/section-186-of-companies-act-2013-need-for-judicial-review-in-certain-areas-47699.asp
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