sec. 301 of the co. act
This query is : Resolved
27 June 2008
pls tell me that which type of party covered under sec. 301 of co. Act. and while reporting for loan taken from party cover under sec. 301 is it compulsory to report the transaction done with those party.whether loan from directors are covered under 301.
Amit Bajaj
(Expert)
30 June 2008
yes Loan taken from director is covered under section 301
and read section 301 for parties covered it is defined very clearly
and read section 301 for parties covered it is defined very clearly
S.Srinivasaraghavan
(Expert)
05 October 2008
section 299 can also throw light.
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