Loan from directors by pvt. ltd. company

Niraj (Company Secretary) (26 Points)

21 May 2015  

 Dear Friends, 

 
If Board resolution passed regarding loan from directors by the company as on 30.03.2014, can we take the advantage of MCA circular no. 32/2004 dt. 23.03.2014 regarding transitional period for resolution, up to 29.03.2015. Thereafter, company again wants to take the loan from directors, Is there any requirements to file form MGT- with ROC.  Kindly Suggest ASAP.