Filing of MGT 14 for Borrowings

An automobile parts manufacturing public limited company has availed vehicle loan. Does it require to file MGT 14 for the borrowings made? If yes under which section of
Companies Act?
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Quick Summary
This discussion addresses whether a public limited company, specifically one in automobile parts manufacturing, needs to file an MGT 14 form for availing a vehicle loan. The query seeks clarification on the requirement and the specific section of the Companies Act that mandates such a filing, with a suggestion pointing towards Section 179(3).

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117 read with section 179(3)

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