Reg Unsecured loans from directors

Dear Experts,

Should one intimate to ROC for bringing unsecured loans from directors if so what is the process to intimate the same?

Thanks
Replies (2)
Quick Summary
This discussion clarifies the requirement to inform the Registrar of Companies (ROC) about unsecured loans taken from directors. It confirms that such loans need to be intimated to the ROC, typically through filing Form DPT-3. The advice references relevant sections of the Companies Act, 2013, including Section 179(3)(d) regarding borrowing powers and Section 117 concerning the filing of MGT-14, while also noting that director loans are generally not classified as deposits under Rule 2(c)(viii).

Yes , one should intimate to roc in DPT 3

Section 179(3)(d) of the Companies Act, 2013 which says about the Borrowing, here I m assuming loan from director is covered under Borrowing funds. 
As per section 117 which mandate to the company for filing MGT-14  TO ROC read with section  117(3)(g). 

File DPT-3 TO ROC, the Borrowing/loan from director is covered  under rule 2(c)(viii) exception list i.e NOT DEPOSIT. 

This is based on my understanding of provision. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details