Category Archives: unsecured loans

Private company can accept unsecured loans even from a relative of director without any limit 15-09-2015

Private company can  accept unsecured loans apart from director even from a relative of a director of the company without any limit…

Without any upper limit of amount,  private company can  accept unsecured loans apart Relative Companies Act 2013from director even from a relative (as per definition) of a director of the company with simple declaration saying the relative has not borrowed same from others.

Download 1    Download 2   Download Full