unsecured loans from NRI Director of pvt co.

Hi

Can a nri director of a pvt co. can give loan to a company under which section.

can we shown its as a share application amount and if yes what the procedure and approval to taken from authorities.

 

Thanks & Regars

Chaitali

Replies (2)

Pls read this Link :

https://www.caclubindia.com/forum/loan-from-directors-89279.asp

and for detail read this link also. :

https://www.caclubindia.com/forum/unsecured-loan-recd-by-a-public-co-from-its-directors-89340.asp

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