Section 186 of companies act, 2013

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 May 2014 What treatment will be given to existing loans and investments by the private Company.

The said loans and investments are more then threshold limits prescribed in the 2013 act.

Riddhi Kadhiwala

Riddhi Kadhiwala (Expert)
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29 May 2014 File a statement of deposits to ROC for loan / deposit accepted and remaining unpaid upto 30th June, 2014 stating the amount of loans with full details.
You have to repay all loans upto 31/03/2015. If taken from director, then take declaration from directors that the fund given by them is from his own funds.