Fixed Deposits
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 April 2010
is secured deposites covered under section 58A of Companies Act 1956?i need the source of reply also?
Ankur Garg
(Expert)
23 April 2010
Secured deposit is nowhere defined in company law and accordingly there are no provisions for the same.
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