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Corporate & Other Laws

What is the meaning of this sentence? 1st paragraph

Sumita Shah

CA Inter

★ 2K+

12-Mar-22 20:06

613

Answers (2)

Am not sure as the prior para is missing ... In previous para they might have said some provision that has a time period of 365 days .... It is said that ... That provision is not applicable if any advance is given in legal proceedings

R i S H i Rishikeish

CA Inter

★ 110

12-Mar-22 21:21

R i S H i Rishikeish

Advance given in legal proceedings or is subject matter of some court i.e. a case is filed wirh regard to it

Sahibdeep Singh

CA Inter

★ 14K+

14-Mar-22 14:04

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