Unsecured loan from directors
This query is : Resolved
27 July 2015
Can company obtain unsecured loan from Directors and use the proceedings for obtaining Land.
Can Company issue shares against such unsecured loan obatained for purchase of Land.
What is the procedure that needs to be followed.
please help
Thank you in advance
Can Company issue shares against such unsecured loan obatained for purchase of Land.
What is the procedure that needs to be followed.
please help
Thank you in advance
31 July 2015
please guide its a urgent matter
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cloud service
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- SECTION 194T
- Regarding Change in Signature before applying for membership
- Capital contribution of Land into SPV for Specific project attracts Income Tax & why ?
- P&L and B/s Format for Public Companies
- GST ON FOREIGN CLIENT
- Sale of Gold ornaments
- CSR Impact Assessment
- GST on Fresh Juice Center(Sugarcane)
- Applicability of RCM on Frieght Inward supplies received from un-registered person
- Accounting Policies changes
- Credit note Issue reg
- Can we issue an invoice today
- GST ITC on Liquidated damages
- SALE OF GOODS FROM OTHER STATE
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
