promoter of company
Malobika Ghosh (112 Points)
07 September 2019
can promoter be owner and creditor of the company?
1 Replies
Chirag
(Professional)
(1979 Points)
Replied 14 September 2019
Any money received from promoter or his/her relative shall be considered as deposit unless such money is given to the company on the stipulation of lending institution, Co need to comply deposits regulations
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