What to do if loan is given by director from borrowed funds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 March 2015
Sir/Madam,
The director of the company has given the loan to the company from borrowed funds since the beginning.What steps should be taken by the company now other than repayment of the loan?
Please reply ASAP.
The director of the company has given the loan to the company from borrowed funds since the beginning.What steps should be taken by the company now other than repayment of the loan?
Please reply ASAP.
09 March 2015
there is no way except repayment
one way is that not show that the loan is from borrowed fund - quit risky way
one way is that not show that the loan is from borrowed fund - quit risky way
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