deposit insurance under acceptance of deposit by company

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hello all

could someone please confirm if creation of deposit insurance has been deleted under companies amendment act 2017 for acceptance of deposit chapter, where eligible company has to comply with the requirements of sec 73(2).

your help in this would be greatly appreciated. thanks all
Replies (3)
yes deposits insurance provision has been deleted

Deleted but section has not been notified yet

thanks a ton sir and ma'am as I would be appearing for CS executive in Dec

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