lexbery (d) (227 Points)
08 June 2019i am a partner in a partnership firm, i also have shares in my name, now i take loan against shares in my personal name (loan against security )
can i use this loan received (funds) in my partnership firm?
CA Raj Doshi
(Practising CA)
(8795 Points)
Replied 08 June 2019
lexbery
(d)
(227 Points)
Replied 08 June 2019
sir will this be counted as loan from partners or new capital introduction?
Shriti Goyal
(625 Points)
Replied 08 June 2019
CAclubindia
