Menu
Loan from individuals in private ltd company
Can anyone pls tell me whether a company can take a unsecured loan from Individuals not directors and its relatives??? Please reply fast
Replies (1)
No, it will be treated as 'deposit' and is not allowed unless covered under any of the exemptions given in Rule 2(1)(c) of Companies (Acceptance of Deposits) Rules 2014.
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
