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Companies Act 2016 makes it illegal for any loan to be made by a company, or by any of its subsidiary companies, or by any
Companies Act 2016 makes it illegal for any loan to be made by a company, or by any of its subsidiary companies, or by any other person under guarantee from, or on security provided by the company, or by any of its subsidiary companies to any director of the company. Discuss the exception of this clause in the Companies Act 2016
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