Can a Unlisted public company accept loans from relative of directors
Turnover of co- 46crs
paid up capital+reserves and surplus=1.9crs
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acceptance of deposits
Replies (4)
acceptance of loan from relative of directors is available for private limited companies. a public cannot accept...
Thanks Shashikant for your answer but I have another doubt
can a public company accepts loans from outsiders i.e individuals, who are not related at all?
can a public company accepts loans from outsiders i.e individuals, who are not related at all?
a public company who fulfill the criteria of eligible company can accept deposit from public subject to compliance of section 76,read with deposit rules..
a public company who fulfill the criteria of eligible company can accept deposit from public subject to compliance of section 76,read with deposit rules..
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