Unsecured loan
This query is : Resolved
Abhishek Srivastava
(Querist)
09 June 2015
Sir, What is the rule to take unsecured loans in proprietorship firm?
JUGAL PATEL
(Expert)
09 June 2015
There are no set of rules specified in any act
Abhishek Srivastava
(Querist)
09 June 2015
Sir Thanx a lot but I still want to know - Is there any limitation of amount and repayment procedure of unsecured loans in proprietorship firm?
Abhishek Srivastava
(Querist)
09 June 2015
Sir Thanx a lot but I want to know some more information on this - Is there any limitation of amount and repayment procedure of unsecured loans in proprietorship firm?
CA R SEETHARAMAN
(Expert)
09 June 2015
The bankers have rules to sanction loan with limits. Contact the bankers.
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