SECTION-185

LOAN, GUARANTEE OR PROVIDING SECURITY TO DIRECTORS, ETC.

OBJECTIVE OF SECTION 185

To Prevent the directors from using their undue influence in obtaining Loan From their Own Company either for themselves or for their relatives or partners.

APPLICABILITY OF SECTION 185

This Section Shall be Applicable to ALL COMPANIES Except:- Certain Private Companies Only which fulfill 3 Conditions.

SECTION-185 (1)

Section 185(1)

SECTION-185 (2)

Section 185 (2)

Explanation of Section-185(2)

Explanation of Section-185(2)

Explanation of Section-185

(Which Ever is Less)

Exemptions of Section-185

provisions of section 185

Contravention of Section-185

Contravention of Section-185

(Submitted by CS Amit Chauhan and you can contact me at [email protected])

Author Bio

Qualification: CS
Company: ASP & Company
Location: Ghaziabad, Uttar Pradesh, India
Member Since: 13 May 2020 | Total Posts: 3

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