Msme help,

Kumar (Querist) 03 January 2024 This query is : Resolved
Hi have company which was opened in 2015 and so far no transactions happened due financial situation but maintenance is going on like filing, ITR, balance sheet from a Chartered Accountant. However, we been developing a web app and need financial help to overcome such capital issue.
Help me out in this situation.

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This discussion is for a business owner whose company, established in 2015, has faced financial difficulties leading to no transactions. Despite ongoing maintenance like filings and balance sheets by a Chartered Accountant, they are developing a web app and require financial assistance. The user is seeking guidance on how their MSME company can secure bank loans to overcome capital challenges.

kavksatyanarayana (Expert) 03 January 2024
It is not a legal query. The (Micro Small & Medium Enterprises )Company may borrow money from a Bank for its business.

T. Kalaiselvan, Advocate (Expert) 04 January 2024
What kind of a help you expect from this forum?

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