Unsecuire dloan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2011
i have a pvt ltd company. can i take unsecured loan from individual
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
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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