Acceptance of deposit by private company

ya it can .. section i think i had to check once again... but yes they can take

we can take the loan as an advance if there is any work in between both is done./.. or if we allots one share too llp then we can take loan...

look seriously it is a very typical issue so its always best to avoid these things..

stil m quoting an wonderful detailed analysis u can study that

https://www.legmed.in/2013/06/unsecured-loans-unsecured-debentures-by.H T M L

yup agreed with u if there is no relation in between them then we cant talk loan

ya i had seen many instances.. bt there must b a reason for having loan like any job charges agreement or somewhat else na... 

but stil its contradictory so i wil suggest to avoid such transaction

transaction done on which behalf ???

transaction took place already.......I just wanna ensure its not contradicting any law and unde which section it will be covered.i read many articles everywhere its there it can take loan but proper sections are not mentioned.

dear ... koi base too hoga transaction ka ??

kis behalf pe u had done transaction.. everything depends on it