Unsecured Loan From Directors and Shareholders

renu dutt (c a) (231 Points)

05 June 2010  

 DEAR EXPERTS,

  CAN  A PVT. LTD. CO. TAKE UNSECURED LOANS FROM ITS SHAREHOLDER, DIRECTORS AND FROM THE RELATIVES OF THE DIRECTORS AND SHAREHOLDERS AND UPTO WHAT LIMIT.DOES SECTON 58A , COMES IN WAY.