Unit run canteen - loan from bank

Is there any legal hurdle objecting URC from taking a loan from bank?

@ Prithviraj,

How you are concerned with URC which is administered, financed, controlled and managed by the Commanding Officer of the particular Unit?

No bank can have access to the policies and procedures concerning the finance of an URC.

URC can be granted loan from Regimental Fund of the Unit/Battallian/Regiment, if required. However, CSD has its own system to advance material (if required).

You have placed this query on a wrong platform, as such issues cannot be discussed in open platform like LCI, be warned/cautious, .

We agree with the opinion oof the lawer.The proposal appears to be risky all round...

I am totally agreed with the opinion of Dr JC Vashista Sir.  This subject comes under the juridiction of Defence matters and cannot be discussed in open what ever queriest thought and under which intention he forth this querry is not understood.

The author has posted this query out of academic interest and anxiety. He is thinking that the lawyers here are fools who will answer all types of question whether it is real or fictitious.  

This particular question is absolutely an imaginary question with no merits warranting any reply, however I appreciate the proper reply given by senior Dr. Vashista Sir. 

Dear Mr. T Kalaiselvan,

Thanks for appreciation.