Unsecured Loans in a Company
This query is : Resolved
09 January 2010
My question is whether a private company has to take unsecured loans only from its directors or from outsiders too?
15 January 2010
Deposits can be taken from Directors and Shareholders only. Otherwise, pvt loans can take any other form of unsecured loans from any person.
16 January 2010
thank u for ur answer.
02 July 2023
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