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Register u/s 301 of Company Act

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(Querist)
23 October 2009 A private limited company has taken loan from the directors who are also its sharholders having 50 % shares in the company. Does it have to be reflected in the register maintained u/s 301
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
24 October 2009 Yes. It should be entered in the register maintained u/s.301
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CS Vandana Kacholia

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CS Vandana Kacholia (Expert)
24 October 2009 Agree




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