Loan from pvt ltd to others

Dear All,

Whether  a Pvt ltd. company can give interest free loan to  another Pvt Ltd Co. which is unrelated to former company?

 

 

 

Thank you in advance......

Replies (1)

Yes, A Pvt ltd. company can give interest free loan to another Pvt Ltd Co. which is not related to former company. It will not be covered under deposits.

 

Regards

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