Section 637A(1) of the Companies Act, 1956 - Nidhis/Mutual Benefit Society - Amendment in Notification No. GSR 555(E), dated 26-7-2001

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..... tification New Delhi, the 3 rd November, 2010 Subject:- Section 637A(1) of the Companies Act, 1956 - Nidhis/Mutual Benefit Society - Amendment in Notification No. GSR 555(E), dated 26-7-2001 GSR 881(E).- In exercise of the powers conferred by sub-section (1) of section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendments in the noti .....

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..... Deposits (as on 31-3-2010) Date by which the company has to achieve prescribed ceiling of 1 : 20 (1) (2) ( a ) more than 1 : 20 but up to 1 : 25 By 31-3-2011 ( b ) More than 1 : 25 but up to 1 : 30 By 31-3-2012 ( c ) More than 1 : 30 but up to 1 : 40 By 31-3-2013 ( d ) More than 1 : 40 .....

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