Loan to a private limited from a huf

Hi Ankit,

• A HUF can become a shareholder of a Company through its KARTA 
• A HUF cannot give loan to the Company, if given it will be treated as "Deposits" which is prohibited as per Section 73 of the Companies Act, 2013
• As the Karta is also a MD in your Company he can give loan to the company in capacity as MD and not as KARTA of an HUF, being the Shareholder