Loan from pvt company having common director

Yes, as Sec 299 applicable to both pvt n public co. also this is direct / indirect intt

hope you know this that sec 295 NA as lending co. is not Public

thanks.....that means even if director of public company not holding more than 2% together with others in the pvt co. in which he is a director than also diclosure of interest is to required to be given.

shareholding condition will be seen if director is member in other co. but in your case director is director