Caro
This query is : Resolved
RAVI SANGURI
(Querist)
17 October 2012
As we Know that if A Private company has Outstanding Loan Exceeding 25 lakh..then Caro is Applicable..my question is that whether all type of loan shall be considered such as secured & unsecured.???
CA RICHA BADALIA
(Expert)
17 October 2012
No, loan from banking or financial institution is considered only.
RAVI SANGURI
(Querist)
18 October 2012
Thanks for Reply
RAVI SANGURI
(Querist)
18 October 2012
plz also tell me that loan taken from any director or any other person also be taken into account???
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