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Loan from shareholder

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(Querist)
17 April 2014 Dear All,

Can any one tell me that as per new comapnies Act, 2013
a Private company can take loan from its shareholder
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SHAKTI JINDAL

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SHAKTI JINDAL (Expert)
17 April 2014 A private company may accept loan i.e. a deposit from its members in accordance with the provisions of section 73 of the Companies Act, 2013.

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