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Loan from Wife.....

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(Querist)
28 December 2009 An individual person Started a proprietorship business & required some Fund. Can he take loan from his wife ?
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lakshmi

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lakshmi (Expert)
28 December 2009 Yes he can take a loan from his wife but it should not treated as capital it should be separately taken as loan - Unsecured.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
29 December 2009 agree, loan & Capital are different from each other.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
31 December 2009 yes can be taken
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
31 December 2009 yes you can taken

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