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December 2013

Clarification with regard to applicability of provision of section 372A of Companies Act 1956

By Sejal Vasa, Company Secretary

Reading Time 1 mins

The Ministry of Company Affairs has issued a General Circular No 18/2013 dated 19-11-2013 clarifying that section 372A of the Companies Act 1956, pertaining to intercompany loans shall remain in force till section 186 of the Companies Act 2013 is notified.

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December 2013

Clarification with regard to applicability of provision of section 372A of Companies Act 1956

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December 2013

Clarification with regard to applicability of provision of section 372A of Companies Act 1956

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You May Also Like

Exemption of section 182(1) to Companies incorporated as Electoral Trusts

List of Companies and Directors under Prosecution