Clarification with regard to section 185 and 186 of the Companies Act, 2013 - loans and advances to employees reg.

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....r of Companies, All Stakeholders. Subject : Clarification with regard to section 185 and 186 of the Companies Act, 2013 - loans and advances to employees reg. Sir, This Ministry has received a number of references seeking clarification on the applicability of provisions of section 186 of the Companies Act, 2013 relating to grant of loans and advances by Companies to their employees. 2. The i....