Acceptance of loan

This query is : Resolved 

16 August 2010 is Unsecured loan accepted/paid through RTGS is voilation of section 269 SS

16 August 2010 No it is not.

16 August 2010 Thanx for reply
in 3cd, it specify whether loan is received otherwise than Bank Draft/account payee cheque. What comment we will give upon


16 August 2010 RTGS transaction is itself a Bank Transaction and can be termed as account payee only.

So comment will be NO.



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