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Unsecured loan in pvt ltd

Pvt ltd 265 views 5 replies
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Nil
28 Points Joined February 2018

I need a claficatation I am going to acquire 60% stake for some x amount and the compiney has 2cr unsecured loan 

so that unsecured loan liability come on me or can we keep any Claus at the Aggrement time that unsecured loan liability does not be liable on me 

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On 25 February 2018 at 21:01 Report
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315 Points Joined February 2018
it will not come on you
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On 25 February 2018 at 21:12
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315 Points Joined February 2018
though it is a company your liability is upto the face value of shares which you have already paid
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On 25 February 2018 at 21:12
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Nil
28 Points Joined February 2018
When profits r divided den from my profits the unsecured loan intrest and premium will also be deducted other wise from the old share holders it will get deducted
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On 25 February 2018 at 22:59
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315 Points Joined February 2018
all share holders ate pari passu (equal )to others
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On 26 February 2018 at 08:08
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315 Points Joined February 2018
you cannot do anything to that
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On 26 February 2018 at 08:09

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