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Company law

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(Querist)
28 August 2012 Dear All,

Procedure to be followed by the company (public limited, unlisted) after accepting unsecured loans from the relatives of directors. kindly let me know urgently.

Thanks,

Abhijit
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
28 August 2012 It has to compulsary file statement in lieu of deposit to ROC before accepting any deposit or issue a advertisement.

And file Return of Deposit under rule 10 of Acceptance of Deposit Rules, 1975.

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