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LTD. COMPANY CAN TAKEN LOAN FROM SHAREHOLDER

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(Querist)
25 March 2022 Dear Sir,

We are a limited company without listed of share in Market.
One of the our shareholder is also company employee and company wants to taken loan from that shareholder .

so kindly guide to us can company taken loan from share holder also refer section.

Thanking you

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 March 2022 Under Companies Act, 2013 since 01st April, 2014 it was not allowed to accept deposit/ Loan from shareholder
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Mahendra Patel

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Mahendra Patel (Querist)
25 March 2022 any amendment after apr-2014 for the same issued ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 March 2022 Only notification issued for allowing private company to take loan from share holders and directors.
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Mahendra Patel

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Mahendra Patel (Querist)
25 March 2022 ok thank you so much.

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