Unsecured loan from shareholders under companys act,2013
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 April 2014
As per the companies act 2013, can private limited company accept unsecured loan from its shareholders ? and if no then the unsecured loan from shareholders how to deal with . cause no tenure(time limits like deposit) is decided . pl.do do specify related sections.
regards
regards
09 April 2014
Cannot accept loans from shareholders. Existing loans has to be repaid on or before 31-3-2015 otherwise it will be treated as deposits.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- US CPA Course
- Balance sheet for ITR-3
- Stamp duty on acquisition
- Form 13 lower TDS deduction certificate u/s 197
- Freelance Business code
- List of valid legal heir certificate for wife of deceased person FY 2024-25
- STCG vs LTCG mismatch in reports (Motilal Oswal Nasdaq 100 FoF).
- ITDS on Lease Rent
- ITR Form difference 3 and 4
- How to show LTCG with Indexation Mutual Funds in ITR-3?
- Cash deposit in individual account more than one crore in FY24-25
- Crumb Rubber
- HUF Gifts
- Need Help for US CPA
- Self assessment tax amount
- ITC Liability on Capital Goods on death of Proprietor (GTA)
- Subject: Clarification on Applicability of E-Invoicing and 30-Day Reporting Requirement under GST
- GOODS SENT TO INTERSTATE BRANCH FOR EXHIBITION ON DELIVERY CHALLAN & GOODS RETURN BACK
- TRUST QUERY INCOME APPLIED
- Credit from Office of Regional Provident Fund Commissioner
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
