The present version of the above provision represents a much mellowed version as compared to what stood originally in its place at the time of inception of the Companies Act, 2013(hereinafter referred to as “The Act”).Readers will recall that Section 185 in its entirety was substituted to its present form by the Companies (Amendment) Act, 2017The present version of the above provision represents a much mellowed version as compared to what stood originally in its place at the time of inception of the Companies Act, 2013(hereinafter referred to as “The Act”).Readers will recall that Section 185 in its entirety was substituted to its present form by the Companies (Amendment) Act, 2017taxmann.com Latest ArticlesRead More
