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Security provided by director

This query is : Resolved 
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(Querist)
09 April 2015 Can a director of a pvt company provide security against loan taken by the company from any bank?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
15 April 2015 Yes.

Director may provide Personal Guarntee for the loan to be availed by the company
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kamal raj

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kamal raj (Querist)
15 April 2015 Thank you mitesh sir
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