Loan to Pvt co.

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20 Points Posted on 04 December 2020
A director who is also shareholder can give loan to private company?
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On 04 December 2020 at 14:21 Report
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Quick Summary
This discussion clarifies whether a director, who is also a shareholder, can provide a loan to their private company. The consensus is that yes, a director is permitted to lend money to the company. Further details regarding any limitations on the loan amount were discussed privately.

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My grammar is 💯 good I
7306 Points Posted on 04 December 2020

Yes. He can give the loan.

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On 04 December 2020 at 17:39
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Tax consultant
5895 Points Posted on 04 December 2020
A director can gives loan
1 Reply
On 04 December 2020 at 23:50
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20 Points Posted on 05 December 2020
Is there any limitation regarding to amount?
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On 05 December 2020 at 13:31
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My grammar is 💯 good I
7306 Points Posted on 05 December 2020

Sent pm as link could not be pasted here

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On 05 December 2020 at 18:53

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