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Non refundable rental advance by managing director


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 September 2014 I am the managing director of xyz pvt. ltd. company. I have a piece of land which I have rented to xyz pvt. ltd company. My query is
1. Can I take non refundable advance from xyz pvt. ltd. against my rented land.
2. Can I as the Managing Director take advance/loan from xyz pvt. ltd.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2014 I am the managing director of xyz pvt. ltd. company. I have a piece of land which I have rented to xyz pvt. ltd company. My query is 1. Can I take non refundable advance from xyz pvt. ltd. against my rented land. 2. Can I as the Managing Director take advance/loan from xyz pvt. ltd.



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