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Q. > Please Help: Section 295 of co,s Act
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312 views • Question added Sep 06, 2012 • Corporate Law • By parul , CA , new delhi


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???

1 Answers

answered Sep 07, 2012 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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CA Sagar saraswat

07-Sep-2012 , 11:31:32 am

no compliance , sec 295 is not applicable on pvt co.

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Akanksha Handa

07-Sep-2012 , 03:42:01 pm

Section 295 will be applicable only when company is public limted and some related party relation exist.

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