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Loan from Wife.....

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Vijay Kr. Mishra

Vijay Kr. Mishra (Querist)
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28 December 2009 An individual person Started a proprietorship business & required some Fund. Can he take loan from his wife ?

lakshmi (Expert)
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28 December 2009 Yes he can take a loan from his wife but it should not treated as capital it should be separately taken as loan - Unsecured.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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29 December 2009 agree, loan & Capital are different from each other.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 December 2009 yes can be taken

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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31 December 2009 yes you can taken

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