674+ Lawyers are online 
Can a business loan to proprietor be free from p&l ,with fixed return
28-Jun-2025 (In Corporate Law)
I have given a loan to proprietor on a monthly fixed income of approx 5 percent irrespective of profit or loss , hence can these be a contract or private funding . And how can the principal and fixed income be safeguard and secured . Incase of dispute what is the remedy,
Well, Haven't you created a Contract? If not, then you would have created one to define and distinguish clauses in your favor! Those Clauses would have safeguarded the Principal and fixed income in form of Interest on the loan given!
Helpful?
Adv. Pankaj Bajaj
Mumbai | 1000+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Corporate lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
