Can a private ltd. company provide interest free loan to other person from its Overdraft Bank account?
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Company providing interest free loan from its OD account
Replies (4)
Quick Summary
No... Company Can't give loan.
Can you please quote the section?
Please go through sec 185
| Originally posted by : RAJA P M | ||
 |
Please go through sec 185 |  |
with 185(4)
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