Pronote legal documents format required

satyanarayana (Querist) 31 July 2012 This query is : Resolved
I would like to lend the money (15 lakh) at an intreset rate of 24% to a construction company whose turn over is around 10 crore/annum.Please suggest the necessary documents to be procured from the company for legal transaction.Please help me in the format of the documents and the rules to be framed in the document to proceed legally and to get back the money incase of the unexpected conditions

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A V Vishal (Expert) 31 July 2012
Is it a company incorporated under The Companies Act, if so they are barred from taking loans from third parties other than shareholders and directors u/s.58A.

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