Is it possible to have Debit card cash withdrawal in PVT. Ltd. Company Bank account by director as per company law
Debit card cash withdrawal in PVT. Ltd. Company Bank account
Jitender Sharma
Director's Cash Withdrawals from Company Account: Legal Clarifications Needed Under Company Law Section Inquiry A query was raised regarding the legality of a director making cash withdrawals using a debit card from a private limited company's bank account under company law. The response indicated that the query lacked clarity and required more details about the case and its purposes for a comprehensive answer. (AI Summary)
TaxTMI
TaxTMI