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Section 185-Loan to Directors, etc

Section 185 states that Company cannot give loan to directors of the company and others and also defines to whom the company can give loans.

Here  Loan includes

any loan represented by a book debt
Guarantee 
Any Security In Connection With The Loan.

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LLP Conversion Process

Applicable Act: Limited Liability Partnership Act, 2008 section -56(Conversion from private company into limited liability partnership) A private company may convert itself into a limited

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Appointment of Auditor

Appointment of Auditor for Public AND Private Companies: Step-1Check the Eligibility, Qualifications and Disqualifications of Auditors: Section 141 of Companies Act, 2013 defines the eligibility,

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CS Afsar Jahan

ICSI Member

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