Loan taken by a private limited company

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1 Points Posted on 06 January 2020
can a private limited company take loans from other parties, other than related parties
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On 06 January 2020 at 11:54 Report
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A private limited company can indeed take loans from various sources, including banks, financial institutions, and by issuing debentures. Directors, their relatives, and shareholders can also provide loans, subject to certain deposit regulations. However, private limited companies are restricted from taking loans from unregistered financiers like friends or neighbours.

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Professional
1979 Points Posted on 10 January 2020
Pvt Ltd company can always take loan from -

Banks / Financial Institution
By Issuing secured debentures
From Directors and their Relatives (Deposit)
Up-to 100% of NW from shareholders(Deposit)
By Listed Unsecured NCDs
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On 10 January 2020 at 07:17
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Self Employed
436 Points Posted on 24 January 2020

Private Limited Company can not take loans from friends or neighbours or other unregistered financers (lenders) of directors or promoters, it can only take loans from the ways as described by Chirag

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On 24 January 2020 at 17:16

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