All loans and borrowings are treated as deposits under the Companies Act, 2013. The law provides specific exemptions—such as funds from directors, members (in private companies), banks, financial institutions, and other companies. However, companies must exercise caution. Poor documentation or inadequate disclosure can result in even genuine borrowings being classified as deposits. To... https://www.skmcglobal.com/blog/loans-and-borrowing-are-considered-as-deposits