Loan taken by trust

This query is : Resolved 

16 June 2017 Dear Sir,

Can a trust take loan from a private limited Company? The one trustee is also a director of this pvt ltd company.
Please guide me.

16 June 2017 Is the Trust Deed authorise the trust to take loan?
If yes...it can take loan
If no....it has to alter the trust deed in order to take loan



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