Can a Public Limited Company accept Secured/ Unsecured Loan from a Partnership Firm in which all the Partners are the Directors of the Limited Company?
Can we consider this transaction under Related Party Transaction?
1 Replies
Amit Bavishi
(Student)
(1086 Points)
Replied 02 November 2015
Yes it is a Related Party Transaction. Appropriate disclosure, resolutions etc.. Shall be made
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