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Unsecuire dloan

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 November 2011 i have a pvt ltd company. can i take unsecured loan from individual
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RG - A Helping Hand

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RG - A Helping Hand (Expert)
10 November 2011 No

If a Pvt. company take unsecured loan from individual that would be considered as public deposit and acceptance of public deposit by a private company is a serious violation of company law.

RG

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