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V.S. Datey on Companies Act, 2013
  • Loan amount outstanding after resignation of director

    by VARSHA PHIRANGE on Thursday, July 30, 2020 at 03:35 PM

    Sir,Director left in april 2019,loan given by him to company Rs 20,00,000/- ,in how many days same needs to be returned to him and consequences for nit following law,pls guide

    Replied byV.S. Datey Thursday, July 30, 2020 at 04:50 PM

    that depends on your relations with him - whether u have intention to pay or harass him If u want to harass him, let him go to Court V S Datey

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