Taking deposit in private limited company
This query is : Resolved
09 August 2017
Sir/Madam,Please guide me can I taking deposits from Public like Director Friends/Relatives , Employee of the concern Pvt ltd company ?
10 August 2017
No you cannot
10 August 2017
pvt company can take money from its directors and shareholders only and not other than the two. exemption is granted to a pvt company
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