LOAN FROM PARTNERSHIP FIRM INTO PRIVATE LIMITED COMPANY
This query is : Resolved
10 July 2025
Dear All,
Can a partnership firm lend money to private limited company where director of a private limited company is a relative of the partners of the said partnership firm?
Thanks & Regards
Nirmal Dave
Can a partnership firm lend money to private limited company where director of a private limited company is a relative of the partners of the said partnership firm?
Thanks & Regards
Nirmal Dave
12 August 2025
Yes, a partnership firm can lend money to a private limited company, even if the director of the company is a relative of the partners.
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