Loan frm company
This query is : Resolved
29 February 2012
My query is that if a director of the private limited company takes loan frm company than what documentation should be done..like board resolution or any other paper work should be done.
Guest
Guest
(Expert)
29 February 2012
Pass a board resolution mentioning relevant terms and conditions of loan.
Additional you can enter into loan agreement with the director.
If you desire company can take PDC also.
Additional you can enter into loan agreement with the director.
If you desire company can take PDC also.
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