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Section 8 company can get a loan from banks or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2014 It is possible for a section 8 Company to get loan from banks?
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Ankur Garg

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Ankur Garg (Expert)
23 September 2014 As per my opinion there are no express restrictions on section 8 company for taking loans for furtherance of its objects. So you may wait for the opinion of other experts and decide accordingly.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2014 Thank you sir
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