banner_ad

Borrowing Money

186 views 3 replies
Can a company borrow money from shareholders.
Replies (3)
I think it may happen by issuing new shares

There are various mode to accept money from members of the Companies by way of  right issue, private placement, preferential issue. 

Another way accept money by way of deposit subject to limit as provided in rule 3 of deposit rules. 

Compliance pass Board Resolution 

Pass ordinary resolution subject to limit of section 180(1)(c)

Comply deposit chapter compliance 

Like filing circular before issuing to members or newspaper advertisement. 

Maintain record of deposit 

Acknowledge the receipt of money as deposit to deposit holder. 

This is based on my personal understanding of the provisions of the Companies Act, 2013 

There are various mode to accept money from members of the Companies by way of  right issue, private placement, preferential issue. 

Another way accept money by way of deposit subject to limit as provided in rule 3 of deposit rules. 

Compliance pass Board Resolution 

Pass ordinary resolution subject to limit of section 180(1)(c)

Comply deposit chapter compliance 

Like filing circular before issuing to members or newspaper advertisement. 

Maintain record of deposit 

Acknowledge the receipt of money as deposit to deposit holder. 

This is based on my personal understanding of the provisions of the Companies Act, 2013 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details