As desired by many of you, I am pleased to share the power point presentation on Sections 185 and 186 of the Companies Act, 2013. These presentations were made at the Guwahati Chapter of EIRC of ICSI.
The presentation has been updated to include the latest circular dated 14.02.2014 issued by the MCA on section 185 of the Companies Act, 2013 subsequently.
Section 185 (corresponding sections 295, 296 of the Companies Act 1956) deals with Loans to Directors etc. This section is already made applicable from 12.09.2013.
and
Section 186 (corresponding section 372A of the Companies Act 1956) deals with Loans and Investments by Companies. This section is yet not made applicable.
Hope you shall find it useful for your reference.
Best Wishes & Regards
Mamta Binani