unsecured loan treatment
This query is : Resolved
12 June 2008
Loan given to a company by its director's father(Say X) few years ago..
In the year 2005, X died.
No legal hier of X has claimed the amount due to company till date.
please suggest me the appropriate treatment for the same.
In the year 2005, X died.
No legal hier of X has claimed the amount due to company till date.
please suggest me the appropriate treatment for the same.
30 September 2008
It will be treated as deemed income to the company if neither director nor his father alive.
Where is will of directors father
Where is will of directors father
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