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Acceptance of loan

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(Querist)
23 January 2015 Can a private ltd.company accept loan/deposits from a HUF in which director of a company is a Karta. As per Companies Act 2013 ?
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shivaji prasad bhimavarapu

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shivaji prasad bhimavarapu (Expert)
24 January 2015 No. HUF will be considered as a separate body so no loans from others.

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