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

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..... r>Letter : No. 3/2/86‑CL‑X, dated 14‑10‑1988. Subject:-Public Deposits - Acceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 explained .....

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..... whether it is called service charges or manager's fees or any other such names would amount to payment of brokerage . If such a brokerage is in excess of the rates specified in the Rules, it would be .....

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