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Directors loan

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(Querist)
14 September 2011 Can a company accept loan from Director in cash?
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JAHNVI

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JAHNVI (Expert)
14 September 2011 You have not mentioned whether your co. is pvt. ltd. or pub. ltd. & what is your loan amt.?
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CS Sandip Rahane

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CS Sandip Rahane (Expert)
14 September 2011 The Company can accept loan from its Director, called as Unsecured Loan.
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HEENA RAJKUMAR TANWANI

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HEENA RAJKUMAR TANWANI (Querist)
15 September 2011 ITS PVT. LTD. CO. & IF ITS UNSECURED LOAN THEN LIMIT IS RS. 20000/-
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