Loan by company to

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accountant
409 Points Posted on 04 June 2021
Can a pvt ltd company can give loan to another pvt ltd company
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On 04 June 2021 at 07:49 Report
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Quick Summary
Yes, a private limited company can indeed provide a loan to another private limited company through intercorporate deposits. These transactions are permissible, but it's crucial to adhere to the guidelines set by the Ministry of Corporate Affairs (MCA) regarding interest rates and repayment schedules.

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2742 Points Posted on 04 June 2021
Yes , intercorporate deposits are permissible
1 Reply
On 04 June 2021 at 08:36
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Chartered Accountant
24588 Points Posted on 04 June 2021
Yes but Interest and repayment should be as per MCA guidelines
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On 04 June 2021 at 10:04
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372 Points Posted on 04 June 2021
Yes interest as per MCA
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On 04 June 2021 at 19:50

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