Loan from shareholder
This query is : Resolved
17 April 2014
Dear All,
Can any one tell me that as per new comapnies Act, 2013
a Private company can take loan from its shareholder
Can any one tell me that as per new comapnies Act, 2013
a Private company can take loan from its shareholder
SHAKTI JINDAL
(Expert)
17 April 2014
A private company may accept loan i.e. a deposit from its members in accordance with the provisions of section 73 of the Companies Act, 2013.
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