India gets tough on intercompany loans
Apr 14, 2014
Has India hamstrung onshore intercompany lending?
A tweak to India’s new companies act may kill off intercompany lending, says treasury consultant David Blair.
India’s new regulations overseeing the governance and business practice of the country’s businesses were signed into law in August. The Companies Act, 2013 has made a host of amendments to the 1956 companies act in relation to corporate restructuring, mergers and acquisitions, and overall corporate governance.
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