LOAN

This query is : Resolved 

01 May 2011 1)Can private co take loan from its director?
2)Can public limited co take loan from its director?
3) Can proprietary concern can takeover the business of any private or public ltd co.


03 May 2011 1)Can private co give loan from to its director?
2)Can public limited co give loan to its director?
on what basis?


03 May 2011 I agree with Mr.B.Chakrapani Warrier

1. Yes
2. Yes
3. No



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