Loan from director
This query is : Resolved
27 February 2012
Can company take loan from Director if yes than what is the treatment in the books.
Ajay Mishra
(Expert)
27 February 2012
Hi
Yes a company can take loan from the director of the company and the company management will decide the nature of loan, whether it will secured or unsecured.
Regards
Yes a company can take loan from the director of the company and the company management will decide the nature of loan, whether it will secured or unsecured.
Regards
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