Dear all,
There is a Company which has borrowed Rs.20 crores unsecured loan, which is within the borrowing limit. My question is which all MCA forms to be filed for such unsecured loan? MGT-14 is applicable?
Menu
Borrwed unsecured loan
Replies (1)
In case of Public Company as per Section 179(3) Company have to file MGT-14 for borrowing. But for private limited Company MGT-14 is not required to file.
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
