How to generate funds for a pvt ltd company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 May 2014 As per latest regulations if I am director of a new pvt. ltd. company I can not borrow from my relatives as well as shareholders

" how do I arrange funds then" ??

is increasing authorized capital and issuing shares is the only option I have ??

I do not want to borrow from Banks

CA Rakesh Ahuja

CA Rakesh Ahuja (Expert)
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19 May 2014 Who told you so and under which section?

Arun Biyani

Arun Biyani (Expert)
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19 May 2014 you can make ur relatives as well as ur shareholders director of your company. a company can take loan from its directors..

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Querist : Anonymous

Querist : Anonymous (Querist)

29 May 2014 any other thoughts on these ?