Amounts received by private companies from their members, directors or their relatives before 1st April, 2014 - Clarification regarding applicability of Companies (Acceptance of Deposits) Rules, 2014

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..... loor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi. Dated: 30th March, 2015 To All Regional Directors, All Registrars of Companies, All stakeholders. Subject: Amounts received by private companies from their members, directors or their relatives before 1 st April, 2014 - Clarification regarding applicability of Companies (Acceptance of Deposits) Rules, 2014 .....

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..... fter 1 st April, 2014 the figure of such amounts and the accounting head in which such amounts have been shown in the financial statement. 3. Any renewal or acceptance of fresh deposits on or after 1 st April, 2014 shall, however, be in accordance with the provisions of Companies Act, 2013 and rules made thereunder. 4. This issues with the approval of the competent authority. Yours .....

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