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Loan from relatives of Directors

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Proprietor
538 Points Posted on 23 January 2022
Whether there is any limit as per Companies Act'2013 relating to loan taken from relatives of director of Pvt. Ltd Company.
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On 23 January 2022 at 23:38 Report
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65 Points Posted on 24 January 2022
You can check S. 185 & S. 186 of companies act..
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On 24 January 2022 at 15:57
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Proprietor
538 Points Posted on 24 January 2022
My question is related to loan taken by Company but the above sections are related to loan given by company
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On 24 January 2022 at 17:53
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Professional
1979 Points Posted on 28 January 2022
No ,only declaration as applicable to director will mutatis mutandis applicable to relative also .
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On 28 January 2022 at 19:23


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