Section 58a

This query is : Resolved

Dhiraj Bagri (Querist)
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09 June 2012 Dear Experts,

Please provide your view on the followings: -

1. Under Section 58A a private company which has taken loan from Directors, Shareholders and relative have to take Declaration from them that they have not given loan from borrowed money. So this declaration needs to be given at the end of the FY or every time they give loan to private companies.

2. What should be the format of declaration.

3. Also, in the case of Limited companies we have to take declaration from them (Please correct me if I am wrong)

Your valuable suggestion or view is highly solicited.

Thanking you

Dhiraj Bagri

Dhiraj Bagri (Querist)
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14 June 2012 Dear Experts,

Looking for your valuable suggestion / clarification on the above query.

Thanking You

Dhiraj Bagri

Dhiraj Bagri

Dhiraj Bagri (Querist)
Follow

14 June 2012 Dear Experts,

Looking for your valuable suggestion / clarification on the above query.

Thanking You

Dhiraj Bagri

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