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Ceiling limit of deposit for companies other than eligible companies?
what is ceiling limit of acceptance deposit for companies other than eligible companies?
Replies (3)
In case of other than eligible companies, the ceiling limit of acceptance for deposit - 25% of paid up capital & free reserve and compliance of section 73(2) a to e points
Thanks anjali but i think the limit is amended...check it
Yes. rule 3(3) first proviso ..in private companies only
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