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Companies act 2013

This query is : Resolved 
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(Querist)
02 October 2013 1-Can all Companies accept deposit from public under the new act???
2- what is the concept of cooling off period as stated under this act regarding appointment of auditor?
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Ajay Mishra

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Ajay Mishra (Expert)
03 October 2013 Hi

As per Section 73 of the CA, 2013 all company is covered under acceptance of deposit except NBFC.

Generally, NBFC is governed by RBI.
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Praveen.P

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Praveen.P (Querist)
26 November 2013 thank you sir for the information
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Ajay Mishra

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Ajay Mishra (Expert)
26 November 2013 My Pleasure......
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