Loans from sister concerns
This query is : Resolved
03 May 2014
as loans from sister concerns are not allowed as per co. act, 2013. if they already exist n co. is not in a position to pay what is the solution.
Guest
Guest
(Expert)
03 May 2014
you will b violating companies act....
because as per strict rule u had to clear the loans on 31st march
because as per strict rule u had to clear the loans on 31st march
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