• Filter Your Search
            
       
 
Notifications
(0)
Circulars
(0)
Orders
(0)
News
(0)
Queries
(0)
No updates found in last 7 days.
Notifications|Circulars|Orders|News|Queries


Q & A

 
27715 Views 4 Ans

Can subsidiary company give loan, provide security or guarantee in favour of its holding company?

Section 185- Loan to directors, etc.

Posted By: Vishal arora 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Nilesh Patel

Holding company can give provide security/ guarantee in respect of borrowing of its subsidiary. This is specifically exempted in Rules. For loan to subsidiary, there is no restriction provided clause (a) to (e) is not hit as commented by other members in the topic.

  • Comment
  •   Comment (0)

    sonam

Section 185 will be attracted if there will be a common director in both the holding and subsidiary company. correct me, if I am wrong.

  • Comment
  •   Comment (0)

    Akansha

yes subsidiary can give loan to its holding as law is silent on that

  • Comment
  •   Comment (0)

    SSK

subsidiary can give loan, security, guarantee to its holding company provided 185 (1)(a) to (e) is not hit.

  • Comment
  •   Comment (0)

Recently Active Member

Recently Active Member

Pramod Prabhudesai
B D Jokhakar & Co

Post Your Question
My Q&A
 


Topic

Sections

About Q&A

Q & A is a unique platform to get your answers. You can create questions by topics or sections for easy identification of your query . You get various alerts to keep you connected and can also search your query.


So keep posting and stay connected
#
Companies Act 2013/1956
Decoding the New Act
Resource Center
My Section
Information Cafe
Calculators


COPYRIGHT NOTICE: All information and material posted in this website (including but not limited to text, audio, video or graphical images), are subject to copyrights owned by Corporate Professionals eSolutions Private Limited, its affiliates and associates. Any reproduction, retransmission, republication, or other use of all or part of this document is expressly prohibited, unless prior permission has been granted by Corporate Professionals eSolutions Private Limited. All other rights reserved.

© Corporate Professionals eSolutions Pvt Ltd. | All Rights reserved
Scroll