Directors loan
This query is : Resolved
14 September 2011
Can a company accept loan from Director in cash?
14 September 2011
You have not mentioned whether your co. is pvt. ltd. or pub. ltd. & what is your loan amt.?
14 September 2011
The Company can accept loan from its Director, called as Unsecured Loan.
15 September 2011
ITS PVT. LTD. CO. & IF ITS UNSECURED LOAN THEN LIMIT IS RS. 20000/-
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