Question ID : 40820

PRIVATE COMPANY ACCEPT LOAN FROM SHAREHOLDERS

Private Limited company can accept loan from Situation 1) Can accept loan from Shareholders? If yes, please provide section 2) Can accept loan from Relative of directors? If yes, please provide section 3) Can accept loan from friends of directors or shareholders? If yes, please provide section 4) Company taken loan from directors but subsequently directors resigned from directorship. Can loan will be treated as deposit?

posted by RAMESH K S on Sep 6 2020 12:00AM