Public Deposits - Acceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 explained

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..... sits) Rules, 1975 explained Rule 10 : SUBMISSION OF RETURN OF DEPOSITS WITH THE REGISTRAR Under rule 10 each non‑banking non‑financial company holding deposits is required to file with the Registrar of Companies, a return of deposits as on March 31 of a year in the prescribed form, on or before June 30 of that year. A copy of this return of deposits is required to be sent simult .....

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..... Reserve Bank resulted in inordinate delay in the publication of the findings of the surveys in the Bank s Bulletin. Thus the surveys as on 31‑3‑1975 and 1976 were published in October 1978 and December 1979, respectively, i.e., after a gap of three years and this delay did attract criticism for the Bank. In view of the position stated above, the Chambers of Commerce are requested to .....

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