https://www.taxtmi.com/circulars?id=10522 Approval for loans, guarantees or securities to Public Limited Companies is required from the Central Government only where sub section (d) or (e) of section 295 of the Companies Act, 1956 applies. Companies should not seek prior approval for transactions that do not fall under those sub sections, and any application must clearly state the facts showing that the provisions are attracted. en-us Wed, 11 May 2011 00:00:00 +0530 Wed, 15 Jun 2011 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10522 Approval for loans, guarantees or securities to Public Limited Companies is required from the Central Government only where sub section (d) or (e) of section 295 of the Companies Act, 1956 applies. Companies should not seek prior approval for transactions that do not fall under those sub sections, and any application must clearly state the facts showing that the provisions are attracted. Circulars Companies Law Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10522