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Indian Laws - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Deposit - the inter­corporate deposit/loan, i.e., a loan ...

Case Laws     Indian Laws

September 21, 2019

Deposit - the inter­corporate deposit/loan, i.e., a loan advanced/deposit made by a company with another company registered under the provisions of the Companies Act, 1956/2013 would not amount to a “deposit” within the meaning and for the purpose of the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999- HC

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