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Loan from directors. in pvt. ltd. co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2013 please confirm me that if a pvt. ltd. co. have received a unsecured loan from directors, then he is liable to pay interest on this loan amt.and if liable to pay interest then at what rate of interest will charged on this loan amt. please provide suggestion about this. \

Thanks sanjay
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Rupesh Jain

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Rupesh Jain (Expert)
13 June 2013 pls take lower intt. rate than bank

and deducte TDS
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