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Dpt-3 Applicability

Ritu Chauhan (68 Points)

18 July 2019

Is this applicable on nidhi company ??

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Anoop Bansal (student ) (199 Points)
Replied 18 July 2019

I think no because as per Companies (Acceptance of Deposits) Rules, amount accepted by a Nidhi Co as per the rules and section 406 will not be considered as deposits

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