26 October 2016
ACCORDING TO SECTION 2(68) OF THE COMPANIES ACT 2013, A PRIVATE COMPANY CANNOT ACCEPT THE DEPOSITS FROM THE PUBLIC BUT PUBLIC COMPANY CAN ACCEPT THE DEPOSITS FROM THE PUBLIC BY COMPLYING WITH THE PROVISION OF DEPOSITS UNDER SECTION 73 OF THE COMPANIES ACT OR BY COMPLYING WITH THE PROVISIONS OF SECTION 180(1)(C) OF THE COMPANIES ACT 2013
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