Please Help: Invalid loan.
Posted Date : 04-Jul-2012 , 10:40:03 pm | Posted By: Vikash Kumar Jha
Category :
Corporate Law | Answers :
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Comments :
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Is there any loan which will be treated as invalid loans have been reclassified as dividends ? Please suggest me. |
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Answers:
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 Answer by: CA. SURESH Kr. AGARWAL |
| Dear as per my knowledge there is no type of invalid loan. However there may be situation were a loan can be treated as invalid for the purpose only.
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| Answer by: Krishna Chandra Santi |
| As per my knowledge that type of loan doesn't exist. It may get invalid for some purposes only. But no loan is invalid by its nature.
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| Answer by: Rambabu Senkarasetti |
| Agree with above expert.
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