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can a private company give the guarantee to a partnership firm in which company is a partner but directors are not partners and their relatives are not partner

Implementation of new law

Posted By: Rajesh chopra 10 year(s) ago

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


    Cs Ram Thakkar

Yes Section 185 covers such guarantee related to Director or it concern in which he or his relative is associated. Only i think just check limit as per section 186 for SR

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