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V.S. Datey on Companies Act, 2013
  • Loan not repaid after director resignation

    by VARSHA PHIRANGE on Thursday, July 30, 2020 at 03:41 PM

    in continuation of my earlier question whether loan amount in question will be treated as deposit immediately after directors resignation.

    Replied byV.S. Datey Thursday, July 30, 2020 at 04:48 PM

    really position for acceptance is as on date of acceptance - subsequent change does not make any difference, unless there is any specific provision in law V S Datey

 
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