Advertise With Us

    Loans to Directors

    Posted By : Sachin / Published on : 12-Mar-2021 07:32 AM / View : 449 / Comment : 0

    Print button
    Can a Private Limited Company give loans to its Directors.

    01. No other body corporate has invested any money in the Share Capital of the Company;
    02. The borrowings from Banks and Financials Institutions is less than twice the Paid Up Share Capital of the Company; and
    03. The Company has not defaulted in repayment of such borrowings.
    Read more on : directors loans

      Please Select File:



    Other Queries from Sachin
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in