Related with loan from shareholders by a company
This query is : Resolved
01 June 2019
IF A PRIVATE UNLISTED COMPANY TAKES LOAN FROM ITS SHAREHOLDERS , THEN THE COMPANY SHOULD PAY INTEREST OR NOT ON LOAN .
PLEASE GUIDE ME.
PLEASE TELL ME THE RELATED PROVISION ON IT.
PLEASE GUIDE ME.
PLEASE TELL ME THE RELATED PROVISION ON IT.
01 June 2019
Company can pay interest on loan from share holder. It is the mutual relationship between company and its share holder
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