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Section 185 - An indepth analysis
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Manoj Kumar
Manoj Kumar : ACS, B.Com
Guest Profile
Mr. Manoj Kumar is an Associate Member of ICSI & holds rich experience in Investment Banking, M&A and Transaction Advisory. He specializes in Mergers & Acquisitions - Planning & Implementations, National and Cross Border Joint Ventures- Deal Structuring & Negotiations, Financial Reengineering, Business Modeling and has in hand experience of conceptualizing and managing more than 100 M&A Transactions. He possesses profound financial skills along with in-depth corporate l egal expertise to facilitate complex business transactions. He has written various articles and has addressed many forums on issues relating to M&A and Capital Market. He is also a member of “National Council for M&As of ASSOCHAM” and Co-founder & General Secretary of “Corporate Knowledge Foundation”.


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The provisions of section 185 of the Companies Act, 2013 which particularly prohibits grant of any loans, giving of guarantee or providing of any security to the directors or any other person in whom the director is interested; otherwise than for given exemptions; is by and large the most talked section of the New Law which has already impacted the working of Corporate. While we expect the new law to be more of self regulatory and liberal as compared to Companies Act, 1956 however, this Section 185 is on


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