Prepare a checklist of compliances with respect to loans, investments, guarantees and securities by a company for the purpose of secretarial audit.

As per section 186 of the Companies Act, 2013 a company is required to comply with the following requirement with respect to loans, investments, guarantees and securities: Check whether The board resolution/ special resolution have been passed with respect to loans and investments by the company. The company has made any investment through more than two layers of investment companies. The company has not defaulted repayment of deposit while granting loans/giving guarantee/ providing security. The company has disclosed financial statements the full particulars of the loans given investment made or guarantee given as prescribed under the Act. The company maintains register containing such particulars in form MBP-2 at the registered office of the company. The company has obtained prior approval of the public financial institution if any term loan from the public financial institution is subsisting.