UNSECURED LOAN TAKEN BY PVT LTD

Co Act 2013 436 views 1 replies

CAN A PRIVATE LIMITED ACCEPT UNSECURED LOAN FROM DIRECTOR CUM SHAREHOLDER AND PAY INTEREST TO THEM?

IS THERE ANY OTHER RESTRICTION ON THE SAME?

Replies (1)
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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register