LTD. COMPANY CAN TAKEN LOAN FROM SHAREHOLDER

This query is : Resolved 
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A limited company, not listed on the stock market, wishes to take a loan from a shareholder who is also an employee. The query seeks guidance on whether this is permissible under the Companies Act, 2013, and if any amendments have been made since April 2014. It's noted that private companies can now take loans from shareholders and directors.

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(Querist)
25 March 2022 Dear Sir,

We are a limited company without listed of share in Market.
One of the our shareholder is also company employee and company wants to taken loan from that shareholder .

so kindly guide to us can company taken loan from share holder also refer section.

Thanking you

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 March 2022 Under Companies Act, 2013 since 01st April, 2014 it was not allowed to accept deposit/ Loan from shareholder
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Mahendra Patel

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Mahendra Patel (Querist)
25 March 2022 any amendment after apr-2014 for the same issued ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 March 2022 Only notification issued for allowing private company to take loan from share holders and directors.
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Mahendra Patel

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Mahendra Patel (Querist)
25 March 2022 ok thank you so much.
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