3 Replies
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 19 March 2019
Yes, a company can take loan from directors provided that amount is not being given out of funds acquired by him by borrowing or accepting loans or deposits from others and the company shall disclose the details of money so accepted in the board's report.
Abdul Karim Kazi
(16 Points)
Replied 19 March 2019
Priya Kashyap
(Student)
(7053 Points)
Replied 19 March 2019
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