Can I contest a loan to my company for recovery?

Wanted to ask if the same can be contested if I have given a loan at interest from my personal account to the company and what are the chances of recovery and win.

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Advocate By LEAD INDIA Answered: 02 Nov 2024

Sir, the chances of recovery depend on the documentation, the company's financial situation, and applicable laws. It is advised to consult an expert lawyer who will assist you with the best course of action. For further legal assistance contact us on our helpline number.

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