Companies (Acceptance of Deposits) Amendment Rules, 2018

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..... he Companies Act, 2013 (18 of 2013), the Central Government in consultation with the Reserve Bank of India , hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014, namely:- 1. (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2018. (2) They shall come into force on 15 August, 2018 2. In the Companies (Acceptance .....

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..... made good the default and a period of five years has lapsed since the date of making good the default as the case may be."; (b) rule 5 shall be omitted; (c) in rule 13, for the proviso, the following shall be substituted, namely:- "Provided that the amount remaining deposited shall not at any time fall below twenty per cent. of the amount of deposits maturing during the financial yea .....

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