draft BM notice and EGM notice - Section 186

[aanchal vig]

Dear fellow member,

Request for a draft Board Meeting Resolution and EGM Resolution for making investment in a company exceeding the limits stipulated in section 186.

Immediate reply will be highly appreciated.

Thanks and regards

Aanchal Sahni

[Prakash Joshi]

Hi Friends,

Please help me with the following query:

There are two private limited companies having same directors and members. A company needs funds for working capital. Company B has excess funds at its disposal.B company is willing to give a loan to Company A.

1. is this case falls under sec 185 or 186 or both.

2. What are the compliance to be done by company A for taking loan and Company B for giving loan

3. Please share the draft BR<EGM resolution and Explanatory Stt for both i.e. taking loan and giving loan

Thanks

PC Joshi

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