MCA issued clarification on Section 185 & 372A of the Companies Act
Based on the several representations made, MCA vide its Circular No 3/2014 dated 14.2.14 clarified that exemption provided in clause (d) of sub section (8) of Section 372A of the Companies Act 1956 will continue to have its effect till the time Section 186 of the Companies Act 2013 is notified. Hence guarantee or security …
MCA issued clarification on Section 185 & 372A of the Companies Act Read More »