If some person has converted his business (which has been a proprietorship so far) to a pvt ltd company, and he has parked all of his funds in the company, can he withdraw some money from the company to meet his personal expenses (as director's loan?)
SMJ global advisors pvt ltd
New Delhi
B.Com
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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CAclubindia
