Loan from individual by pvt ltd
This query is : Resolved
27 February 2012
A pvt Ltd company can take unsecured loans from Individuals or firm ?
Individual- if director or its relative or shareholder
Individual - if other than above
Kindly let me know at earliest
THanks in advance
Individual- if director or its relative or shareholder
Individual - if other than above
Kindly let me know at earliest
THanks in advance
Guest
Guest
(Expert)
27 February 2012
Such loans are not allowed. A private ltd. co. can take loan from its shareholders only.
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