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Unsecrued loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2012 can any one help me.... i wan to know whether unsecured loan taken from directors and director's relative is reported under clause 4 of CARO......???
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CA Navin Jain

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CA Navin Jain (Expert)
10 August 2012 Yes, disclosed under Caro.
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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2012 no

actually i refer section 297 & 299

but financial transactions r excluded
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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2012 Sir if u have some text which indicate such than pls tell me

because since morning i m searching it...

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