Dear All,
I require a template for an unsecured interest free loan agreement from a director of a private limited company to the said company.
Help on this would be much appreciated.
Many thanks in anticipation.
Susan
Susan Dias (Director) (26 Points)
28 May 2016Dear All,
I require a template for an unsecured interest free loan agreement from a director of a private limited company to the said company.
Help on this would be much appreciated.
Many thanks in anticipation.
Susan
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 30 May 2016
Formal loan agreement is not required. Board resolution will serve the purpose. This will save you from stamp duty also.
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