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Taking deposits and loan

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(Querist)
30 December 2016 Dear Madam/ Sir,

can a pvt ltd company take deposits or loan from individual other than directors and relatives of director? if yes please guide me the procedure for taking deposit or loan.

Thanks and Regards.
Sumanjan.
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
05 January 2017 yes the amount would be accepted in form of deposited.

KINDLY REFER SEC 73 OF COMPANIES ACT 2013 + ACCEPTANCE OF DEPOSIT RULES 2014 + 2015 + 2016 WITH AMENDMENTS

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