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Borrowing limit

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Bharat Akhaja

Bharat Akhaja (Querist)
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16 March 2016 Respected friends, In India, is there any limit for capital borrow according to any laws / rules existing? I mean if pvt ltd company turn over 60 cr p.a. then company can borrow capital @100 cr or any limit restricted by existing laws or rules.

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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16 March 2016 for private company there is no restrictions.

Bharat Akhaja

Bharat Akhaja (Querist)
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16 March 2016 Thanks Sir

Bharat Akhaja

Bharat Akhaja (Querist)
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16 March 2016 Thanks Sir

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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17 March 2016 There is no restriction like that.

Bharat Akhaja

Bharat Akhaja (Querist)
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17 March 2016 Thanks Sir

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