Please Help: Section 295 of co,s Act
Posted Date : 06-Sep-2012 , 01:52:16 pm | Posted By: Parul
Category :
Corporate Law | Answers :
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Comments :
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Company- limited ( Public not listed)
want to give loan to an employee ( Who is relative of Director) amounting Rs. 1000000/- have to comply with Section 295??? |
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Answers:
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 Answer by: Akanksha Handa |
| Section 295 will be applicable only when the Company is Public limited and there is some related party relation.
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| Comments |
| Posted By : Akanksha Handa |
07-Sep-2012, 03:42:01 |
| Section 295 will be applicable only when company is public limted and some related party relation exist. |
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| Posted By : CA Sagar Saraswat |
07-Sep-2012, 11:31:32 |
| no compliance , sec 295 is not applicable on pvt co. |
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