TMI BlogAcceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 explainedX X X X Extracts X X X X X X X X Extracts X X X X ..... ined Rule 3(2) : WHETHER AMOUNT OF UNPROVIDED DEPRECIATION FROM AGGREGATE OF PAID ‑ UP SHARE CAPITAL AND FREE RESERVES ARE TO BE DEDUCTED FOR DETERMINING LIMITS UP TO WHICH DEPOSITS CAN BE ACCEPTED Rule 3(2) prescribes the limits up to which a non‑banking non‑financial company can accept deposits. The limits of deposits are to be computed with reference to aggregate of p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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