Loan by a private limited company

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SAKSHI AGARWAL

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Dec 12, 2013, 12:11:49 AM12/12/13
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Dear All,

can a private limited company extend loan to its shareholder, who is not a director? Are there any cap on the quantum of such loans?

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Best regards

Sakshi Agarwal

Practicing Company Secretary

Mobile: +91 99717 31199


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