Acceptance of ‑ Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 - Companies Law - Letter : No. 4/18/76‑CL‑XIV,

Letter : No. 4/18/76 CL XIV, dated 29 12 1976. Public Deposits - Acceptance of Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 explained Rule 2(d) : WHETHER CAPITAL REDEMPTION RESERVE IS TO BE TREATED AS FREE RESERVE Capital Redemption Reserve is to be treated as free reserve for the purpose of rule 2(d).