Section 185 - Loan to Director
Applicable to following List of Persons & Body Corporates:
Sr
No.
|
Particulars
|
1
|
Director(s)
of the Company
|
2
|
Director(s)
of the Holding Company
|
3
|
Any
Partner of (1) and (2)
|
4
|
Any
Relative of (1) and (2)
|
5
|
Firm
in which (1), (2) and (4) is partner
|
6
|
Private
Company in which (1) and (2) are Director or member
|
7
|
Body
Corporate in which (1) and (2) singly or jointly holding 25% voting power at
General Meeting
|
8
|
Body
Corporate - Board, MD or manager of which is accustomed to act with the
directions or instructions of the Board of Directors of the Company or any
one from (1)
|
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