Director given loan to private limited company


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2018 Director given loan to private limited company. should it disclosed in Board's Report & AOC 2? Thanks in Advance

06 June 2018 the company shall disclose the details of money so accepted in the Board's report.

Rahul Singh (Expert)
07 June 2018 Yes, the disclosure of loan accepted from director must be accounted in director report


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