Can pvt. ltd company take loan...?

A Private Company can take Loan from its Directors without following any compliance. 

Please note that if a Private Company wants to take a Loan from any person other than its Directors, then the company has to be follow a heavy compliance as stated in Acceptance of Deposit Rules and Section 73 of the Companies Act, 2013.

It is advised for a Private Company to take Loans only from its Directors.

1) Only a public company can accept deposit from public. [Ref.Sec.76(1).]

2) Private company can take loan from directors if the same is not given out of borrowed funds [Ref. Rule 2(1)(c)(viii)].

3) Private company cannot take loans from relatives of directors and public unless same is covered in any of the exclusions specified in Rule 2(1)(c).

4) Private company can take loan from members if conditions of Sec.73(2) read with exemption notification dated 5.6.2015 are compied with.