Hi please help me that can directors of company provide loan and get loan from company.
Vineet Kumar (8 Points)
25 September 2020Hi please help me that can directors of company provide loan and get loan from company.
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 25 September 2020
No, Director can't take loan from company. However, Director can deposit amount in company as a loan and only that amount can receive back from company.
pritesh
(delhi)
(720 Points)
Replied 30 September 2020
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