Query

A Pvt. company cannot take unsecured loan from director, shareholders, related companies, and relatives of director after the implementation of new co. act 2013.

Directors - YES (It is not a 'deposit')

Shareholders - YES [But  only after compliance of Sec.73(2) which  is not practical in all cases]

Companies - YES [It is not a 'deposit'.  But lending company has to check compliance of Sec.185]

Relatives of  directors - NO (If they are not directors or it is not treated as promoters contribution as  per Bank's stipulation)