There is one question of May 2014 in pankaj garg book which asks "The company has advanced loan to a firm in which director is interested at a rate lower than the prevailing rate of interest as well as there was no agreement on terms of repayment" and they have answered as per Clause 3 of Caro 2016 whereas loan to a firm in which director is interested comes under sec 185 and hence answer shiuld be based on clause 4 right?
ANSWERED Ravi answered May 23, 2019     Category:
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2 answers
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 Revenue means
ANSWERED Ravi answered April 19, 2019     Category:
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1 answer
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 clause 12
ANSWERED Ravi answered February 1, 2019     Category:
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1 answer
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