Investment of fund moneys in fixed deposit - Companies Law - Letter : No. 8/20(418)/65‑CL‑V,

Letter : No. 8/20(418)/65 ‑ CL ‑ V, dated 7 ‑ 9 ‑ 1965. Subject:- Investment of fund moneys in fixed deposit It would be in order for trustees of a provident fund constituted by a company to deposit the fund moneys in fixed deposit with a scheduled bank under section 418(1)(a)(ii).