Loan from a director is a related party transaction under section 188?

177 views 2 replies

Loan from a director is a related party transaction under section 188? 

Replies (2)

Respected Sir,

                      I want to know If I am a proprietor of two business firm & I have taken a loan from a person in one business firm

So Could I repay the Loan by cheque from Other business firm. 

Sir Please reply...

sir thanks


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register