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| venkateshrao - Member Since: Apr 2011 Subject - deposits from directors,members,relatives-private company-financial limits as per Act My clents are directors of a private limited company.Due to business expansion they want to know the maximum deposits that can be accepted from the directors, members and their relatives. What are the financial limits imposed by the Companies Act 196( for example : 25 % of paid up capital and reserves)" venkateshrao felixadvocates - Member Since: May 2011 Subject - Re: deposits from directors,members,relatives-private company-financial limits as per Dear Venkatesh Rao, Let me know what business are you carrying on and in what connection are the directors of the private limited company are depositing ? M.Felix.C
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