Can a private limted borrow 20 lakhs from an outsiders where he jas already 1 lakh as an equity shar

This query is : Resolved 

08 November 2022 can a private limted borrow 20 lakhs from an outsiders where he jas already 1 lakh as an equity share capital

08 November 2022 A Private Company is allowed to accept loan from its directors, their relatives or shareholders.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query