Unsecured loan from unrelated individual or firm

No ..company cannot take unsecured loans from anyone except from its own directors. That too while giving loan the company must obtain a declaration from the director that the loan he is giving is not from the borrowed funds. Pls check rule 2c of companies(acceptance of deposit? rule 2014 for more clarification

Agree with Vibha... You can take loan from Directors or their relative only... with the declaration.

thanks for clarification