Loans from directors, relatives, members for Pvt. Ltd. companies

CA Sripriya K , Last updated: 01 April 2015  
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In what will be seen as a major relief to Private Limited Companies, the MCA has finally clarified that amounts received by Private Companies ( prior to April 1, 2014 ) a. From Members, Directors or their relatives prior received prior to April 1, 2014 need not be treated as deposits b

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CA Sripriya K
(Finance Professional)
Category Corporate Law   Report

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