Can a pvt ltd company accept loans from the following persons:
Director, relative of director, shareholders, inter-corporate and public.
Please give reference of the companies act 2013.
anonymous (proprietor) (237 Points)
07 September 2016Can a pvt ltd company accept loans from the following persons:
Director, relative of director, shareholders, inter-corporate and public.
Please give reference of the companies act 2013.
ANKUR TAH
(Teacher Consultant and CA finalist.)
(543 Points)
Replied 07 September 2016
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 10 September 2016
1. Directors - Yes, it can be taken without any limit. However, Declaration is required as per Rule 2(1)(c)(viii) of Companies (Acceptance of Deposits) Rules, 2014.
2. Relatives of Directors - Yes without limit. Same as above.
3. Members - Agree with opinion of Mr. Ankur.
4. Public - No
Deepak THAKUR
(8 Points)
Replied 06 July 2017
Please calrify can private limited company accept loan from its shareholder more than its paid up captial.
Paid up captial + reserives of company is Rs 105000 and loan amount is Rs 180,000
Deepak THAKUR
(8 Points)
Replied 06 July 2017
Please calrify can private limited company accept loan from its shareholder more than its paid up captial.
Paid up captial + reserives of company is Rs 105000 and loan amount is Rs 180,000
Deepak THAKUR
(8 Points)
Replied 06 July 2017
Please calrify can private limited company accept loan from its shareholder more than its paid up captial.
Paid up captial + reserives of company is Rs 105000 and loan amount is Rs 180,000
Deepak THAKUR
(8 Points)
Replied 06 July 2017
Please calrify can private limited company accept loan from its shareholder more than its paid up captial.
Paid up captial + reserives of company is Rs 105000 and loan amount is Rs 180,000
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
