Loan to Directors
This query is : Resolved
29 April 2010
Whether any sum of amount can be paid to whole time directors as loan/ imprest
29 April 2010
Yes you can pay with the previous approval of Central Govt. in a Public company u/s 295.
Section 295 loan to director not applicable to a private company.
Section 295 loan to director not applicable to a private company.
29 April 2010
agreed with ankur..
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