Pvt ltd com or llp
This query is : Resolved
23 January 2014
any pvt ltd company or llp can accept loan from clients and invest in stock market? is it possible?
23 January 2014
It is not prohibited. .
Message likes :
1 times
23 January 2014
However you need to ensure that it doesnt take form of a collective investment scheme else sebi regulations may trigger in
Message likes :
1 times
30 January 2014
A prop company can take loan from his clients and invest in stock market to pay assured interest of 18 % P.A.
Is it possible? Any legal formalities are to be fulfilled?
Is it possible? Any legal formalities are to be fulfilled?
30 January 2014
you can structure in a manner that the loan taken has a coupon at 18% like a working capital loan. Then there should not be an issue.
Also you need to ensure that the stocks are bought in the company's name and not in the name of individual clients..
Also you need to ensure that the stocks are bought in the company's name and not in the name of individual clients..
30 January 2014
want to clarify further. Will you pl give me paid advice.
pl send me mail at spras17@gmail.com
pl send me mail at spras17@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Surcharge on pvt discretionary trust
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
