https://www.taxtmi.com/forum/issue?id=114057 A query asked whether a private limited company can give a short-term interest-bearing loan to a related firm with common directors or partners, and whether the firm's shareholding in the company alters that position. The respondent stated: no, such loans are not permissible, and the fact that the firm holds shares in the company does not change that conclusion. en-us Mon, 20 Aug 2018 13:40:39 +0530 Thu, 23 Jan 2025 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114057 A query asked whether a private limited company can give a short-term interest-bearing loan to a related firm with common directors or partners, and whether the firm's shareholding in the company alters that position. The respondent stated: no, such loans are not permissible, and the fact that the firm holds shares in the company does not change that conclusion. Discussion-Forum Companies Law Mon, 20 Aug 2018 13:40:39 +0530 https://www.taxtmi.com/forum/issue?id=114057