Public Deposits - Repayment Treatment of repayment of loans secured by mortgage of assets Earlier excluded from definition of deposits but are included now

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d:- 11-11-1976 Circular
Companies Law
Letter : No. 1/101/75‑CL-XIV, dated 11‑11‑1976. Public Deposits - Repayment ‑ Treatment of repayment of loans secured by mortgage o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on of "deposit". Answer : The amounts referred to in the first proviso to sub‑para (2) of para 3 of the Directions, were "deposits" within the meaning of para 2(f) though allowed to be accepted .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X