Can Pvt Ltd Co get loan from a NRI & implication of FEMA

1)Can a pvt ltd co get loan from a NRI(not a member but a relative of director/memeber).
2) If can -wat is limit
          -time period
          -can it be interest free loan.
3) wat is implication of FEMA on this & any RBi guidelines to be followed

Replies (1)

 check ECB guideline.

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