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Gopal Konduparty (CEO)     02 April 2013

Unsecured loan

Sir,

A Pvt Ltd company incorporated since two years , not comenced any business, can this company avail Unsecured Laon from a sister company ? The paid up capital is 5 lakhs, what will be maximum loan under unsecured catagory can be permissible as per Indian Law ?

Regards

Gopal K 



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