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Acceptance of shor ter, unsecured loan from public

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(Querist)
27 September 2012 Please help,

Can a Unlisted public company accept short term unsecured loan from public.
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
27 September 2012 Yes, by complying section 58a read with Acceptance of deposit rules, 1975.

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