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  1. Jul 30, 2021 · There are four subsections of section 185 of the companies act 2013. Section 185 (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,—

  2. 6 days ago · 185. Loans 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,—.

  3. 185. Loan to directors, etc. 186. Loan and investment by company. 187. Investments of company to be held in its own name. 188. Related party transactions. 189. Register of contracts or arrangements in which directors are interested. 190. Contract of employment with managing or whole-time directors. 191.

  4. Section 185 of the Act provides the conditions and restrictions of granting loans to the directors. Every company must follow the conditions laid down in this Section before granting loans or giving guarantee or security in connection with any loan.

  5. e-book.icsi.edu › ActpagedisplayCompanies Act, 2013

    Sep 12, 2013 · In case of private company - Section 185 shall not apply to a private company- (a) in whose share capital no other body corporate has invested any money; (b) if the borrowings of such a company from banks or financial institutions or any body corporate is less than twice of its paid up share capital or fifty crore rupees, whichever is lower; and

  6. Jul 3, 2014 · Section 185 of companies act 2013 uses the word, “Save as otherwise provided in this Act”, ii. Rule of Harmonious Construction is to be used, i.e. law should be interpreted in the manner taking into consideration all other relevant provisions. Relevant provisions cannot be read in isolation.

  7. LOAN TO DIRECTORS, ETC. [Effective from 12th September, 2013] [1] [185. (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.

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    sec 185 of companies act 2013