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Section 185 of Companies Act, 2013: Restrictions on Loans to Directors to Prevent Conflicts of Interest and Ensure Governance.

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Full Text of the Document

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....Loans to directors, etc - to limit the prohibition on loans, advances, etc., to directors of the company or its holding company or any partner of such director or any firm in which such director or relative is a partner. - Section 185 of the Companies Act, 2013....