Deposits by directors


This query is : Resolved 

(Querist)
18 February 2016 what is the limit for deposits by directors or their relatives i.e. to what extent directors or their relatives can provide loan to the company ?? can companty can accept unsecured and interest free loan from directors or their relatives ??

18 February 2016 Company can accept money from directors and relatives with out limit as deposit/ loan. Pl see notification dated 15.9.2015.


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