Unsecured loans
This query is : Resolved
18 March 2015
RESPECTED SIR,
AS PER THE PROVISIONS OF COMPANIES ACT 2013,A PRIVATE LIMITED COMPANY CAN TAKE UNSECURED LOAN FROM ITS DIRECTORS ONLY.
SIR PLEASE GUIDE ME WHETHER IT CAN TAKE UNSECURED LOAN FROM H.U.F OF DIRECTORS OR ONLY FORM ITS DIRECTORS
AS PER THE PROVISIONS OF COMPANIES ACT 2013,A PRIVATE LIMITED COMPANY CAN TAKE UNSECURED LOAN FROM ITS DIRECTORS ONLY.
SIR PLEASE GUIDE ME WHETHER IT CAN TAKE UNSECURED LOAN FROM H.U.F OF DIRECTORS OR ONLY FORM ITS DIRECTORS
18 March 2015
when it says only from directors then strict interpretation should be taken as directors only
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