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Can a partner give an unsecured loans to firm ?

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(Querist)
18 July 2012 My Question is to confirm that Is it possible to a partner to give an unsecured loans to the firm in which he is a partner....???

as well if he can, so what are the possible condition on which he can give unsecured loans to the firms.....

thanks
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Yogesh Agarwal

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Yogesh Agarwal (Expert)
24 July 2012 Yes a partner can give unsecured loan to firm on a mutual terms and conditions...
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