Loan from director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2014
Dear Member,
Whether company can get loan from director as per Companies Act, 2013? Director is also a shareholder of that company.
Whether company can get loan from director as per Companies Act, 2013? Director is also a shareholder of that company.
24 April 2014
taking loan from director is not an issue...the restriction is on giving the loans..
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