unsecured laon

1100 views 2 replies
freinds

in pvt.ltd. comapny whether unsecured loan can be raised form relatives of directors
along with directors.

its urgent

Replies (2)
35B[(d) prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives:].

So i think you can take loans or deposits from the directors and relatives of directors.


Unsecured loan can be raised by director


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