Loans, Guarantees, Securities and Investments [LGSI] to Related Parties

LGSI occupies an important role in the corporate business as inter-corporate transactions. Time and again queries keep coming on prohibitions, restrictions and compliance requirements relating to LGSI. These questions arise in the light of Sections 185 and 186 of Companies Act, 2013 (the Act). While Section 185 operates only with respect to LGSI, Section 186 covers within its fold LGSI.

                                                                                                               ……….. Read more