banner_ad

Loan from shareholder being company having a common director

Pvt ltd 267 views 1 replies

Dear Experts kindly help me out of the below mentioned query.

One Private Limited Company (Say A) is having a shareholder being a NBFC Pvt Ltd Company (Say B). A and B is also having a common director (Say C). C is having shareholding in A which is less than 20% but in B greater than 20%. Now my query is whether A can take loan from B and Vice Versa?

Thanks in advance.

Replies (1)
yes private co. can take loan from it's members subject to limit as specified i.e. 100 % of share capital and free reserve ...further this rule also not apply on NBFC..they can lend as much amount as they want because it's their business


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details