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complete explanation to ordinary course of business

Section 185- Loan to directors, etc.

Posted By: Aditi verma 10 year(s) ago

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Expert    Ankit Singhi

The terms ordinary course of business is a very subjective terms and needs to be understood as per the facts of the case. Basic test which can be applied it relevance to the business , similar transactions undertaken by similar business etc. For more details , please check out our Article on Section 185 written by Deepali and Manoj from our team

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