Deposits & Private Companies- Companies Act, 2013

Satvir Singh , Last updated: 04 July 2014  
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Loans from shareholders, directors their relatives has been a major easy source of finance for many private companies. However, with new Companies Act, 2013 bringing all such loans, except from directors, under the ambit of deposits, all this is set to change. Accepting deposits/loans from relativ

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Published by

Satvir Singh
(Newly minted CA)
Category Corporate Law   Report

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