Dear experts,
Can a partner provide unsecured loan on interest to partnership firm in which he is one of the partner???
Kamal Verma (Financial advisor) (582 Points)
29 May 2019Dear experts,
Can a partner provide unsecured loan on interest to partnership firm in which he is one of the partner???
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 30 May 2019
Yes, Provided such clause incorporated in partnership deed .