Loan from Shareholder Co. in case of Public ltd. co

Jyotika (study study n study) (147 Points)

01 April 2011  

Dear all,


Pleas suggest can a public ltd company take loan from private ltd co. which is shreholder in public ltd. co,'

as public ltd company cannot take loan from its members that will be deposit

but loan take from another company does not fall in definition of deposit

pls clarify