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    unsecured loan from directors can be intrest free?

    Posted By : KAMAL / Published on : 29-Sep-2022 07:45 AM / View : 143 / Comment : 0

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    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 ?
    Read more on : free intrest directors loan unsecured

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