Borrowing under section 180 of companies act, 2013`
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2015
PLEASE GUIDE WHETHER UNSECURED LOAN TAKEN FROM DIRECTORS ARE COVERED UNDER BORROWING UNDER SECTION 180 (1) (C) OF COMPANIES ACT, 2013.
04 June 2015
In my view, yes. It is required.
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