Problems in raising fund by private limited companies

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Rahul Patel (Querist)
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13 March 2015 Hello all,
I had heard that pvt company can not borrow money from individuals after introduction of companies act 2013. I want to know that is there any hurdles in raising fund through individuals for private limited company in Companies act,2013 ? If so,please elaborate the details and related sections.
Thank You.

CS JAY GOHIL

CS JAY GOHIL (Expert)
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13 March 2015 read section 73 of companies act 2013 with rules. you will get all your answers. all the hurdles arises due to sec 73 i.e. acceptance of deposits