Government Registrations
Get various licenses easy and quick
- Advice on registration requirements
- Preparation of application form
- Filing of forms
- Documented follow-up
- Expert support
Get Expert Assistance
Looking for a business loan
Thank you for your interest, our team will get back to you shortly
Thank you for your response
Thank you for your response
Our representative will get in touch with you shortly.
Government Registrations
Get various licenses easy and quick
Get Expert Assistance
Government Registrations
Get various licenses easy and quick
Get Expert Assistance
Section 186 of the Companies Act, 2013 provides for the loans and investments that can be made by a company. It states that a company can make investments through more than two layers of investment companies.
Section 186 of the Companies Act, 2013 also states that a company cannot directly or indirectly:
The rate of interest chargeable should be more than the prevailing yield of Government Security closest to the period of the loan.
If a company contravenes any of the provisions of this section, the punishment would be as follows
For Company
Fine – Minimum Rs. 25000 and,
Maximum Rs. 5,00,000
For an official in default
Maximum Imprisonment – 2 years; and
Fine – Minimum Rs. 25,000 and,
Maimum Rs. 1,00,000