Can a pvt.ltd. company loss set off with directors loan

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....an a pvt.ltd. company loss set off with directors loan<br> Query (Issue) Started By: - Ramesh Prasad Dated:- 24-4-2015 Last Reply Date:- 25-4-2015 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Compani....

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....es Law<br>Dear All Expert, ABC pvt. ltd. company have loss &#8377; 50,00,000 and Directors loan outstanding &#8377; 40,00,000.Can we set off the loss with directors loan and carry forward the loss &....

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....#8377; 10,00,000 (50,00,000 - 40,00,000).What are related sections of company laws in this regard. Reply By MARIAPPAN GOVINDARAJAN: The Reply: in my view it cannot be done.<br> Discussion Forum - Kn....

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