3. In case of Nidhi company - Section 185 shall not utilize , provided the loan is specified to the director or his relative within their potential as members and this sort of transaction is disclosed while in the once-a-year accounts by a Observe. - Notification dated 5th june, 2015. https://happy-cash-loan09643.blogdon.net/2013-loan-things-to-know-before-you-buy-51626220