can a private limitedco taken loan from any person

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Querist : Anonymous

Querist : Anonymous (Querist)

28 August 2010 can a private limited company can taken loan from director and interest can be paid to director on such loan taken

Aditya Maheshwari (Expert)
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28 August 2010 Loan can be taken from director in Pvt company and interest as per market rates can be paid to the directors.

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