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Section 186 (Companies Act)

Governs a company's loans and investments to other companies, and the limits and approvals required beyond specified thresholds.

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Related terms

  • Section 177 (Companies Act)

    Requires specified companies to constitute an Audit Committee of the board, with defined composition and responsibilities including oversight of the financial reporting process.

  • Section 185 (Companies Act)

    Restricts a company from giving loans, guarantees or security to its directors and certain connected persons, subject to defined exceptions.

  • Section 203 (Companies Act)

    Requires specified companies to appoint Key Managerial Personnel, including a Managing Director or CEO, a CFO and a Company Secretary.

  • Segregation of Duties (SoD)

    A control principle that no single person should be able to both execute and conceal a transaction — for example, the person who creates a vendor master should not also approve payments to it.

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231 terms in total, or go deeper with working procedures and worked examples in the resource library.

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