Legal Question in Business Law in India
dear sir,
I am facing a problem that one of my client want to give deposit to its own director from his own company against land.
is that is possible?
please reply me as early as possible wether it is acceptable in all laws & act?
Asked on 11/15/11, 11:33 pm
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
The company may be entitled to make deposits.
Answered on 11/16/11, 2:26 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
depends on policy of the company
Answered on 11/16/11, 11:30 pm
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