Unseured loan in pvt. ltd..
This query is : Resolved
12 June 2018
Is a pvt. Ltd. company accept unsecured loan from directors or director relatives.
12 June 2018
In the case of Private Company, the Company can take loans form Director's as well as from relatives of Director's without any limit provided such Director's and or their
relatives, as the case may be, gives a declaration to the effect that such amount has been given from his /their owned funds.
In the case of Private Company, the Company can take loans form Director's as well as from relatives of Director's without any limit provided such Director's and or their
relatives, as the case may be, gives a declaration to the effect that such amount has been given from his /their owned funds.
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