unsecured loan
This query is : Resolved
28 August 2010
Can A private limited co. issue loan to person?If yes then what is the limit?
28 August 2010
It can be done by passing a resolution u/s 292(1)(e) specifying the limit in the resolution.
30 August 2010
Agree
But it is advisable to add this activity in object clause especially if this activity is regular.
Thanks
But it is advisable to add this activity in object clause especially if this activity is regular.
Thanks
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