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Loan to pvt co by shareholder who is relative of director

This query is : Resolved 
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(Querist)
02 September 2016 CAN A SHAREHOLDER WHO IS RELATIVE OF DIRECTOR GIVE LOAN TO PVT CO? THIS POINT IS NOT MENTIONED IN THE NOTIFICATION ISSUED ON 15.09.2015.
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sudarshan

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sudarshan (Expert)
03 September 2016 pvt co can receive loan from shareholders upto certain limit
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