Section 186 of the Companies Act, 2013 - Need for a judicial review in certain areas

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

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