Corporate guarantee

Discussion in 'Co bill 2008' started by Surendra, Mar 12, 2014.

  1. Surendra

    Surendra Member

    Can a holding company having 51% of equity capital in its susidiary company give corporate guarantee for subsidiary company's loan u/s 185 of the Companies act 2013?. Holding company directors are not holding any directorship in the subsidiary's board. Whether 185(1)(e) will be applicable for this?

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