Payment to Unsecured loan

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CA
56 Points Posted on 17 May 2011
hi I want to know whether a person (Prop.) can give an asset as payment to Unsecured loan ? If yes then whether valuation of asser is necessary or book value is treated as value of asset?
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On 17 May 2011 at 08:38 Report
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CA IN PRACTICE
16719 Points Posted on 17 May 2011

no payment to unsecured loans should be through ac. payee cheque only

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On 17 May 2011 at 08:43
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Posted on 10 June 2011

 

 

Here is my idea

 

https://www.howtochooseit.com/loan.htm

 

I found this website very useful at the beginning. The tips from the experts of government helped me a lot.

 

U too try...

 

Thanks to howtochooseit.com team...

 

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On 10 June 2011 at 23:02

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