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    Regarding acceptance of Unsecured loan from director and shareholder

    Posted By : CS Gaurav / Published on : 12-Oct-2017 05:02 PM / View : 1686 / Comment : 0

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    Dear Members, If a Pvt company accepts unsecured loan from a person who is director as well as share holder of exceeding the limit PUC+FR+SPA, will at attract section 73(2) , as loan from director is exempted.
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