What is pricipal business under sction 186 of companies act 2013?
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Section 186 of the Companies Act 2013 - Loan and Investment by Company: Introduction: The Companies Act, 2013 (Act) has come up with a change in the concept of 'Loan and Investment by Company. The new Act provides that inter-corporate investments not to be made through more than two layers of investment companies.
Section 186 of the Companies Act 2013 - Loan and Investment by Company: Introduction: The Companies Act, 2013 (Act) has come up with a change in the concept of 'Loan and Investment by Company. The new Act provides that inter-corporate investments not to be made through more than two layers of investment companies.
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