Companies (Acceptance of Deposits) Third Amendment Rules, 2001.

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..... Rules, 2001. G.S.R.873(E).- In exercise of the powers conferred by section 58A read with section 642 of the Companies Act, 1956 ( 1 of 1956), the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules further to amend the Companies ( Acceptance of Deposits ) Rules, 1975, namely :- 1. (1) These rules may be called the Companies (Acceptance o .....

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..... aid for the overdue period in case of public deposits matured and claimed but remaining unpaid. In case of deposit made by a small depositor, the penal rate of interest shall be twenty per cent. compoundable on an annual basis. Explanation .- For the purposes of this rule, the expression "a small depositor" has the same meaning as assigned to it in the explanation to Section 58AA of the .....

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