Grant loan against object clause

Dear people,

A company (not being NBFC) granted loans to any person and the same is against its object clause as per my opinion....

i jst wanna know that is there any penalty under companies act if a company grant any loans...

please give me the details regarding this query along with applicable section.

thanx

Replies (1)

 

Yes it is possible...

Here is my idea

 

https://www.howtochooseit.com/loan.htm

 

I found this website very useful at the beginning. The tips from the experts of government helped me a lot.

 

U too try...

 

Thanks to howtochooseit.com team...

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
29 September 2026
Work at home

Lottery.sambad.tv

Bhopal

Others

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details