Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
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Karthik Shenoy   09 January 2018

Section 8 company loan from private ltd.


Hope some one can help me out with this...

I’m a director for 2 different companies ( both being startup’s). 1 company is a private limited and other Section 8 company.

I want to transfer money from pvt ltd. to section 8 company, as we have bootlegged this money for business from family, friends and self

Can this money which is transferred be treated as a interest free loan to section 8 and whether this funds can be taken back by the pvt ltd ones the section 8 stabilises or starts raising funds from Though CSR

Your feedback shall be very valuable 

Thank you in advance 



 2 Replies

balas (Chartered)     13 January 2018


Yes. Pvt Ltd Co can lend to another company incl Sec. 8 Com.  Loan repayment using CSR fund,  provided conditionally by a company for use for certain activities only caanot be used for Loan repayment.  Pls check with CSR funding company on purpose for funding.

Bala Srini FCA., LL.B.





cheryl dcruz   23 May 2022

Yes. Private Limited Company can advance to another company including Section 8 Company. Loan prepayment using CSR fund, handed conditionally by a company for use for certain conditioning only can not be used for Loan prepayment. Pls check with CSR funding company on purpose for backing.

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