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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Prohibition on acceptance of deposits from public - deposit ...


Companies Must Maintain 20% Deposit Repayment Reserve u/s 73(2)(c) of the Companies Act 2013 for Public Protection.

January 7, 2018

Act Rules     Companies Law

Prohibition on acceptance of deposits from public - deposit repayment reserve shall not be less than twenty percent. of the amount of deposits maturing during the following financial year - Section 73(2)(c) of the Companies Act, 2013

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