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Loans by pvt. ltd. co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 May 2015 whether a pvt. ltd. co. can receive or give loans to other pvt. ltd. co. or public ltd. co.?
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
07 May 2015 yes it is treated to be inter corporate loans and it is possible. Resolution is to be passed.
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