Companies (Acceptance of Deposits) Amendment Rules, 2017

Last updated: 16 May 2017

Notice Date : 11 May 2017

[TO BE PUBLISHED IN THE GAM I E OF INDIA, EXTRAORDINARY, PART ii, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Corporate Affairs
Notification
New Delhi, dated, the 11th May, 2017

G.S.R. (E). - In exercise of the powers conferred by sections 73 and 76 read with sub-section (1) Lind sub-section (2) of sec: Lion 4(9 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules., 2014, namely:-

1. (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2017.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Companies (Acceptance of Deposits) Rules, 2014 (hereinafter referred to as the principal rules),—

(a) in rule 2, in sub-rule (1), in clause (c), in sub-clause (xviii), after the words "Domestic Venture Capital Funds" the words ", infrastructure Investment Trusts" shall be inserted.

(b) in rule 5, in sub-rule (1), for the proviso, the following proviso shall be substituted, namely:-

Please refer to the attached file for details