Acceptance of Deposits by Companies

Neha Redekar , Last updated: 19 March 2022 Share Follow on Google News

As per Companies Act, 2013 the term deposit includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include such categories of amount as may be prescribed in consultation with the Reserve Bank of India. EXEMPTED DEPOSITS According to the Rule 2(c

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About the Author

Neha Redekar

Company Secretary and Compliance Officer

Experienced Company Secretary with expertise in Secretarial and Regulatory compliance monitoring. Specializes in managing compliance frameworks for NBFCs (RBI, NHB, IRDA) and fintech companies. Proven track record in driving the successful implementation of compliance automation tools, optimizing workflows, and enhanci ... Read more

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