can a bank fund a pvt. ltd. comapny where one of the directors is the main partner in a CA firm which is concurrent auditor of the bank?
pervez (adviser) 06 July 2011
I feel 'No'... Director is 'directy' interested in the proposal.... You may refer RBI circulars on 'connected lending' .. regards
Member Strength 9,47,833 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
