Loan - Public Company

yes company taken the loan form individual but before taken the loan all prosedure must be done

Hi,

Can u please elaborate on the procedure to be followed....

Hey,

Public company can accept it in form of deposits but it should not exceed 10% of aggregate of paid - up capial & free reserves and the interest rate shud not exceed 12.5 % and it has to comply wid Acceptance of Deposits Rules, 1997 (latest Amended)

M attachin it for ur ready go thru it n if u hav ne doubts den do let me know?

Regards

Mansi N.Gadoya