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Can a company gives loan to its fellow subsidiary. 1. Having common director 2. no common directors Is it permissible under Section 185 of the Companies Act, 2013.

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Posted By: Haryana 9 year(s) ago

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    haryana

A Pub Ltd, holding company has a subsidiary B and another wholly owned subsidiary C. My question is:- Can B gives loan to C. Case 1:- B and C have common directors Case 2:- there are no common directors in B and C

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Expert    Ankit Singhi

Please clarify the query.

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