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Investment

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19 April 2012 A Private Limited Company incorporated in manufacturing industry. It has two directors. after incorporation directors has settled in USA n become NRIs now. One of the director want to bring money from USA to Indian Company by way of unsecured loan. could you please tell me the possible ways and steps to be followed.
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
20 April 2012 Yes it is possible but they have to open one NRI a/c and from there it can be transferred to the company's a/c
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