Loan from Director

This query is : Resolved 

23 June 2008 Dear Sir,

can a Director(Indian) of the Pvt. Co lend loan to Co. and charge interest.

if answere is yes, what it will be , if the Director is Foreign National or NRI.

Please guide me.

24 June 2008 in case of Indian, yes. in case of NRI, not sure.

16 June 2023 "Sorry, I am not a featured member."

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https://www.caclubindia.com/catalogue/featured.asp




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