Loan to company from direcor
This query is : Resolved
24 May 2016
If Director wants to give loan to pvt comapny in which he is director..Can he give it from his personal loan?
24 May 2016
According to section 73 of the Companies Act 2013, Private Company can accept the deposits from the director but not from his personal borrowing.
Director has to file declaration that loan has to be given to private Company but not out of his personal borrowings from others.
Director has to file declaration that loan has to be given to private Company but not out of his personal borrowings from others.
Message likes :
1 times
24 May 2016
Thanks ...Can u explain in which form or manner declaration should be filed by director?
25 May 2016
Pl see https://docs.google.com/viewer?a=v&pid=forums&srcid=MTc5MTQwNjAwMTkzNzM4MjIwODMBMDA5MzIyNjQ3NzMzNjAxNTgwNzMBVkZqT3JCNExkR2dKATAuMQEBdjI
Message likes :
1 times
29 May 2016
T
HANK YOU SO MUCH SIR..
HANK YOU SO MUCH SIR..
30 May 2016
Sir can a Director give loan from his fathers fund..i mean fathers account to son(director) then loan to comapny by director..??
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
