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    Repayment of Existing Loan by Way of Borrowing Loan From Another Company

    Posted By : SHALU / Published on : 09-Jun-2021 10:08 AM / View : 321 / Comment : 0

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    Dear Sir,

    Can a private limited company borrow the money from another company and the borrowing money is used for repayment of existing loans with the bank?

    what is definition of principal business activities?
    Read more on : loan company another borrowing repayment existing

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