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Law

This query is : Resolved 
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(Querist)
11 November 2011 Hi I want to know whether a company can give loan to outsider or not. Tnx in advance
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
11 November 2011 no......provided its not loan granting company......and yes, provided some conditions were satisfied.
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mohammed lateef

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mohammed lateef (Querist)
11 November 2011 tnx for reply ayush may i knw some conditions if i have to give loan to outsider. plzzzzzzzzzz urgency and if u can send me salary break up i will b most thankful to u............
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mohammed lateef

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mohammed lateef (Querist)
11 November 2011 coz i work for a company it is a new organisation so need there. and people r having max salary there upto 750000 PA.

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