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Sec 269 ss and 269 t

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(Querist)
25 July 2016 an amount transfer from unsecured account to share capital account wouid attract sec 269 ss and 269 t in pvt ltd company
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Amol S Joglekar

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Amol S Joglekar (Expert)
25 July 2016 what do you mean by UNSECURED ACCOUNT?....
I hope you are aware that 269SS and 269T deal with LOAN, deposits and specified sums
You are transferring it to Share Capital...right?
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