Loan from director

CS Divesh Goyal , Last updated: 29 July 2015  
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As per Rule 2 sub rule 1 clause vii of the Companies (Acceptance of Deposits) Rules, 2014 Any amount received from a person who, at the time of receipt of the amount, was director of the Company, will be out of preview of Deposits. Condition: The director from whom money is received furnishes

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Published by

CS Divesh Goyal
(Practicing Compnay Secretary)
Category Corporate Law   Report

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