Inter-corporate loans and investments under section 372A

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..... ans and guarantees have been recently liberalised by the Government through Companies (Amendment) Act, 1999. However, apprehensions have been expressed in some quarters with regard to possible misuse of these provisions by companies. I shall, therefore, be grateful if the Chambers could draw the attention of their constituents to the following: (i) The companies are expected to obtain the a .....

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