Vidyalelo
Law · Q64

Indian Companies Act

Graduate and Post Graduate · Law · question 64

Q64

Under the Companies Act, 2013, a private company can borrow funds for its financial needs from

A.
Directors, banks and financial institutions
Answer
B.
Directors, shareholders and relatives of directors
C.
Directors
D.
Banks and financial institutions

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board