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unsecured loan from directors
can private company take unsecured loan from directors?
Replies (3)
Yes they can . However they can not grant loan/security/guarantee to them subject to section 185 and 186 of the companies act 2013
| Originally posted by : Prerana Loka | ||
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can private company take unsecured loan from directors? |  |
YES
yes. the co can accept loans from dir n relatives.
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