CAN A PRIVATE LIMITED ACCEPT UNSECURED LOAN FROM DIRECTOR CUM SHAREHOLDER AND PAY INTEREST TO THEM?
IS THERE ANY OTHER RESTRICTION ON THE SAME?
1 Replies
CA Dhruva Kalamanji
(Chartered Accountant )
(1996 Points)
Replied 03 May 2023
Hi Dhruv
Pvt can take unsecured loan from director no restriction
however board compliance and ROC DPT form to be filed.
for further discussion
you can write to me at sthayin at gmail
Pvt can take unsecured loan from director no restriction
however board compliance and ROC DPT form to be filed.
for further discussion
you can write to me at sthayin at gmail
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