Dear all,
Can a private limited company accept a interest-free loan from the director?
Please confirm company can take unsecured loan from the directors and there relatives with zero rate of interest right ?
But while accepting deposit from directors, they must give a declaration to the company that the amount is their own money and not borrowed.
Please confirm if anything else need to be done ?
DPT-3 also need to be filed ?
Dear All,
A real estate company has taken advance from its customers on which no interest is payable, will it be treated as deposit as per the Companies Act, 2013.
can a sole member cum director of OPC give interest-free loan to OPC. If yes, whether OPC will be required to file MGT 14 for filing the copy of contract with ROC within 15 days as required u/s 193 of the Act?
Click here to view / answer Share it onWhat are the GST registration rules for freelancers who provide software services to foreign clients via Upwork? Please note income comes in INR.
Click here to view / answer Share it onCan holding company give interest free loan to its wholly owned subsidiary company?
Can holding company give interest free loan to its wholly owned subsidiary company?