Loan & advances

A/c entries 537 views 1 replies

Dear all,

I am working with a Pvt. Ltd. company.  

Can a Pvt. Ltd co. can take loan from perosn other than family members of the director. 

If yes than at what terms & conditions.

Replies (1)

As per Section 3 Private Company can take loan from Directors, Members or their Relatives.


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