1. Name any section of company law and elaborate on it

Question

Accepted Answer

Section 186 of the Companies Act, 2013

Section 186 deals with loans and investments made by a company
It specifies the maximum limit of loans and investments that a company can make
It also lays down the conditions under which a company can make such loans and investments
The section requires the approval of the board of directors and the shareholders for certain types of loans and investments
It also mandates the creation of a register of loans and investments made by the company
Examples of loans and investments covered under this section include loans to directors, loans to related parties, and investments in other companies

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