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Director's huf can give loan to private comapy

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 March 2012 Can Director's HUF give loans or advances to private company under sec 3(1)(iii) of Co. ACT 1956 ?
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HONEY AHUJA

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HONEY AHUJA (Expert)
24 March 2012 no problem in this.
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