Pvt ltd.... can give loan to individual partnership

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can a pvt ltd co give loan to partnership. or individual... none r related or members. of the pvt ltd.... the purpose is to earn interest
Replies (3)

It can give loan only if the same was mentioned in MOA as it is one of the auxilary business of the company

How can ee make cganges in the moa

you can make changes in the ancilliary objects in the Company's MOA by adding this object.

You must conducta BM where this amendment is approved call a memebers meeting where this amendment is apprved by members by apecial resolution. then file form 23with ROc with altered MOA

 


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