269SS

RAMA KRISHNA (Sr.Executive - Accts & Preparing for IPCC)   (670 Points)

27 August 2009  

Dear All,

Please advise

In our accounts we passed a journal entry  to the extent of Rs.25,00,000/- . for  transfer of loan amount from one director account to another director account as per their instructions.

Is it voilation of  Sec.269 SS.