Company Law : "Learn about the prohibitions and restrictions under Section 185 of the Companies Act, 2013, regarding loans to directors, relativ...
Company Law : Among the provisions outlined in the act, Section 185 has garnered substantial attention due to its impact on loans and advances t...
Company Law : Explore Section 185 of the Companies Act, 2013, its exemptions, and practical examples. Learn when Section 185 is not applicable, ...
Company Law : Section 185 of the Companies Act 2013 Specifically provides about the Provisions related to Loan to directors by the company. In t...
Company Law : Section 185 of the Companies Act is like a rule book that tells grown-ups who run big lemonade stands (called companies) what they...
Income Tax : Calcutta High Court ruling states payments by supervisors to individual labourers, each not exceeding Rs. 20,000, cannot be disall...
Income Tax : ITAT Mumbai held that addition of notional interest on advances to related parties (i.e. the directors and sister concern/related ...
Corporate Law : Conclusion: Arrears of property tax and water tax until the date of confirmation of sale, i.e., 04.07.2003, would qualify as the e...
Company Law : The issue has been examined and it is hereby clarified that loans and/or advances made by the companies to their employees, other ...
Explore FAQs on company loans, investments, guarantees, and security under Sections 185 and 186 of the Companies Act, 2013. Understand practical insights, exemptions, and compliance for seamless financial operations. Consult for expert guidance. Disclaimer: Information shared is educational, consult professionals for specific scenarios.
Section 185 of Companies Act, 2013 contains prohibition, restriction and exemption for providing Loan, Guarantee, and Security to the Directors of the Company and any of their relatives.
Understand the intricacies of Section 185 and Section 186 of the Companies Act, 2013. Learn about loans, investments, guarantees, and security provisions.
Navigate Section 185 of the Companies Act, 2013 on Loans to Directors. Explore the prohibitions, conditions for loans to interested persons, and exemptions. Understand the legal implications and punishments for contravention. Stay compliant with expert insights.
Advancing Loan/ Giving Guarantee, providing Security in connection with a loan to director or person in whom director are interested. In accordance with the provision of Section 185 of Companies Act, 2013, Save as otherwise provided in this Act, a Company shall not, directly or indirectly, advance any loan, including any loan represented by a […]
Section 185 of the Companies Act, 2013 states that no company is allowed to make, advance any loan, that includes the loan to constituted by a book debt to, or provide any guarantee or give any security relatedany loan taken by,— 1. Any director of company, or of a company that is its holding company […]
Practical application of Section 185 and Section 186 of Companies Act,2013 read with Section 2(22)(e) of Income Tax Act, 1961 and consequences on non- compliance’s of these sections. Let’s summarise these sections and understand the provision of relevant acts. Section 186 of Companies Act,2013 – Whether Loan, advance or guarantee is allowed to Directors or […]
Prohibitions, Relaxations, and exemption in case of Loan transactions entered into by the company. The very routine transactions which almost all companies are willing to make for the rotation of money or whatsoever purpose it may be. There are four subsections of section 185 of the companies act 2013. Section 185 (1) :- No company […]
CONCEPTUAL ANALYSIS SERIES – I 185. Loan to Directors, etc. (1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by,— (a) any director of company, or of a company which is its holding company […]
This article will help you to get to know about the provisions related to the loans to Director in accordance with the Companies Act 2013. Sec- 185 of Companies Act, 2013 deals with the provisions of loans to Director. Loan to Director- Section 185(1) of the Act states that a Company cannot – Advance loan directly or indirectly, […]
