I want to know about a situation where all directors giving loan to the company. Let's say a private company having three directors A, B, C and each one having 8L, 5L, 2L as equity. The directors A, B, C will give loan 4L, 3L, 2L respectively to company.
Please reply if there is any problem in the above approach. Thank you.
Karia Overseas
Ahmedabad
CA
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YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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