Please specify compliances of unsecured loans taken from directors by pvt co.
Menu
Procedure of unsecured loan
Replies (1)
1) Check borrowing limit of the company u/s 180
2) Take declaration from director that the amount is not being given out of borrowed funds
3) Pass Board resolution in meeting for borrowing
4) File MGT.14 with ROC
Recent Topics :
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
Related Topics :
CAclubindia
