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Unsecured loan

This query is : Resolved 
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(Querist)
09 June 2015 Sir, What is the rule to take unsecured loans in proprietorship firm?
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JUGAL PATEL

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JUGAL PATEL (Expert)
09 June 2015 There are no set of rules specified in any act
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Abhishek Srivastava

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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?
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Abhishek Srivastava

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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?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 June 2015 The bankers have rules to sanction loan with limits. Contact the bankers.
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