Repayment of amounts to members of a company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2011
Can a company issue a guarantee bond/certificate for the double the amount after 6 years against the amount taken from a member.
09 November 2011
No
As per my understanding this kind of assurance to the shareholders cannot be given by a company.
Wait for other opinions.
RG
As per my understanding this kind of assurance to the shareholders cannot be given by a company.
Wait for other opinions.
RG
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