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loan from director

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Renuka
26 Points Posted on 30 March 2018
Can a company take loan from its director?
Also can he hold shares in the company?
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On 30 March 2018 at 17:18 Report
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11 Points Posted on 30 March 2018
Yes directors can give loan if he holds share
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On 30 March 2018 at 17:28
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0 Points Posted on 30 March 2018
what if director does not hold shares? i think it does not matter whether he/she hold shares, Co. can accept loan from Director(s)
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On 30 March 2018 at 20:36
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no
20 Points Posted on 01 April 2018
No, A co. can't give loan to Director. It is strictly prohibited u/s 186. However, a co. can give loan to members by passing BR in BM.
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On 01 April 2018 at 13:21
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24 Points Posted on 08 April 2018
Is it mandatory that the director giving loan to the company should hold shares?
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On 08 April 2018 at 14:39


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