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Q. > Please Help: can a pvt ltd. co. loan taken from credit co-operateive socity
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437 views • Question added Mar 28, 2015 • Corporate Law • By mukesh agarwal , CA , Jaipur


can a pvt ltd. co. loan taken from credit co-operative socity , in the case of a non banking finance co. then ansure is different ?

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ANANT KUMAR MITTAL

28-Mar-2015 , 07:13:42 pm

A pvt ltd co. cannot take loan from co-opertive society , but it can take loan from NBFC.

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Vipul Jadhav

11-Apr-2015 , 11:47:01 am

A pvt Ltd. co can take loan from Co-op Credit Society, since the Credit Societies are equivalent to banks. However whether credit societies can give loan to pvt. ltd. companies would depend on the byelaws of the co-op credit society

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