Ayushi Jain ( Jodhpur )
10-May-2023 07:14 AM
Inter corporate loan
Does this para mean that giving of loan/ guarantee in excess of 186(2) to wholly owned subs/ joint venture is restricted Or. Does it mean that loan/guarantee in excess of 186(2) can be given to wholly owned subs/joint venture without passing SR
It means, loan/guarantee in excess of 186(2) can be given to wholly owned subs/joint venture without passing SR.
Answer given by Shubhamm Sir at 13-May-2023 06:38 PM