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Does refundable lease/Rental deposit - refundable and adjusted against the future rents falls under the term loan under section 185 of Companies Act, 2013

Section 185- Loan to directors, etc.

Posted By: Sandhya 10 year(s) ago

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


Expert    Ankit Singhi

These are not in the nature of loan and therefore will not be covered

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