CAN A LOAN BE GIVEN TO A SHAREHOLDER ?
This query is : Resolved
Quick Summary
04 December 2021
Can a loan be given to a shareholder in case of a Private Limited company, if yes then which section states that under CA 2013? if not which section restricts the same. Please clarify....
B Sathyanarayanan
(Expert)
04 December 2021
yes a Private Limited company can give loan to share holder undersection 186 and but loan to director cannot be given under section 185 .
B Sathyanarayanan
(Expert)
16 December 2021
yes same has to be filed with mca
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