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

[DK AGGARWAL]

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

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

Please respond

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

In my view NO