alleryStart learning →Which section prohibits loans to directors?
ASection 188
BSection 185
CSection 184
DSection 186
Answer & Solution
Correct answer: B. Section 185
Section 185 is headed Loans to directors, etc.
Keep practising Meetings of Board and Its Powers
Browse all Meetings of Board and Its Powers questions for CA Final, or explore more Law topics.
Related questions
Section 186(4) requires loans and investments to be disclosed in the:Maximum imprisonment for contravening s.186 per s.186(13) is:s.186(11) exempts lending by which company in ordinary business?The s.186 register of loans, guarantees and investments is kept at the:A company in default on repaying deposits may not give loans under s.186(8) until:Loans under s.186 cannot be at an interest rate below the yield on:Under s.186(5), a subsisting term loan needs prior approval of:Section 186(5): a Board resolution sanctioning a loan needs consent of: