Loan to Director - Section 185 of Companies Act, 2013 скачать в хорошем качестве

Loan to Director - Section 185 of Companies Act, 2013

Hey all, Here is a simplified explanations of amended section 185 of companies Act 2013, the loan to Directors or others. Section 185 of Companies Act, 2013, explains the provisions related to loan or advances to directors or any security provided in connection with any loan taken by him or his relative either directly or indirectly by company. You will come to know the punishment for contravention of section 185. The main intention behind this section in Companies Act is to ensure that directors who are having a fiduciary position in the Company with respect to a shareholder cannot utilize the funds of the Company for their own benefits. Section 185: Explains the provisions related to Loan to directors, etc. Section 185(3): Exceptions to Sections 185(1) and 185(2): Means said provision shall not apply for certain situations. Section 185(4): Punishment for Contravention under Section 185: Exemptions to the private company from section 185 of fulfil the conditions Download: https://www.mca.gov.in/Ministry/pdf/E... Section 185 shall not apply to the Government Company if it takes prior approval of concern ministry or department as per Notification No. G.S.R. 463 (E) dated 05th June, 2015. Download: https://www.mca.gov.in/Ministry/pdf/E... Section 185 shall not apply to a Nidhi Company as per Notification No. G.S.R. 465(E) dated 05th June, 2015. Download: https://www.mca.gov.in/Ministry/pdf/E... You can read and Copy complete text for section 185 from my blog – The Law Talks https://bhuwantaragi.blogspot.com/202... Also you can follow me on Telegram: https://t.me/TheLawTalks Linkedin: CS Bhuwan Taragi #Companylaw #ICSI #CS #CA #ICAI #ICWAI #CMA #LAW #Companysecretary #MGT-14 #formMGT-14 #section117 #resolution #ROC #lawstudents #practisingCompanysecretary #PCS #PCA #CompaniesAct2013 #companylaw #loan #section185 #comaniesact2013 #law #csfinal #cafinal #csexecutive #icsi #lawstudents #director #cs #ca #cma #legalupdate You can watch these Company law topics as well:    • New Definition of Small Company      • Conversion of Private Company into Public ...      • Form MGT-14 required to be filed as per Se...      • Difference between LLP & partnership firm      • Key Managerial Personnel as per Companies ...      • How to upload CS training completion certi...      • Report on AGM (Form MGT 15 )      • Form MGT-14 required to be filed as per Se...      • Easy Understanding to provision of "Regist...   How to apply for COP?    • How to apply for Certificate of Practice (...   How to apply for CS membership?    • How to apply for CS Membership?