Menu
Unsecured loan from individual stranger to company
is a private limited co. can take unsecured loan from individual stranger who is unknown to company
Replies (1)
Yes, Private Company can accept the deposits from the third party individual but has to comply with the provisions of deposits as per the provisions of Companies Act 2013. If the Company fails to comply with the provisions of deposits as per the Companies Act 2013, Company shall be liable for penalty and prosecution under the provisions of section 76 A of the Companies Act 2013.
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
