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Loan by Pvt Limited to Firm, Corporate Laws / SEBI / LLP

Issue Id: - 114074
Dated: 23-8-2018
By:- DK AGGARWAL
Loan by Pvt Limited to Firm

  • Contents

Dear Sir

Clarification-Company Law

1-Can a Private Limited company give short term LOAN on Interest to a relative firm having common Directors and Partners or vice versa. Can a firm hold/purchase the shares of a private ltd in the above case.

2---Further the relative firm as above is holding few shares less then 2% of the above private limited company. Will it make any difference as loan given or received as to a share holder firm or company.

Posts / Replies

Showing Replies 1 to 1 of 1 Records

1 Dated: 27-8-2018
By:- DR.MARIAPPAN GOVINDARAJAN

In my view NO.


1

Old Query - New Comments are closed.

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