Loan

The private Company can take loan from the shareholder upto 100% of the paid up share capital and free reserve and securities premium .

Private Company can also take loan from directors or relatives of director upto any amount provided that declaration shall be received from directors or relative of directors that such a loan shalkl be given by them out of their personal funds and  not from borrowing from any banks ,

further private company cannot accept the loan from any outside indvisual.