Unsecured loan from a widely held company
This query is : Resolved
Mahesh Babu
(Querist)
05 February 2010
Can a Public Ltd Company give Unsecured loan to an Individual?
are there any conditions attached for this?
kindly help.
are there any conditions attached for this?
kindly help.
M Prabhakar Menon
(Expert)
11 February 2010
Depends on the company's policy to give such loans for which purposes and terms of recovery.
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