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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