https://www.taxtmi.com/forum/issue?id=106777 Intercorporate deposits between two public companies sharing a director do not automatically qualify as loans to directors; the loan-to-director restrictions apply only if the borrower is a private company or a holding company of the lender, or where the lender controls the borrower through specified voting power thresholds or by otherwise directing its affairs, so applicability must be assessed by examining company type and control relationships. en-us Tue, 06 May 2014 11:39:21 +0530 Thu, 23 Jan 2025 15:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106777 Intercorporate deposits between two public companies sharing a director do not automatically qualify as loans to directors; the loan-to-director restrictions apply only if the borrower is a private company or a holding company of the lender, or where the lender controls the borrower through specified voting power thresholds or by otherwise directing its affairs, so applicability must be assessed by examining company type and control relationships. Discussion-Forum Companies Law Tue, 06 May 2014 11:39:21 +0530 https://www.taxtmi.com/forum/issue?id=106777