Amounts received by private companies from their members, directors or their relatives before 1st April, 2014 - Clarification regarding applicability of Companies (Acceptance of Deposits) Rules, 2014

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..... R.P. Road, New Delhi. Dated: 30th March, 2015 To All Regional Directors, All Registrars of Companies, All stakeholders. Subject: Amounts received by private companies from their members, directors or their relatives before 1st April, 2014 - Clarification regarding applicability of Companies (Acceptance of Deposits) Rules, 2014 Sir, Stakeholders have sought clarifications as to whether am .....

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..... amounts have been shown in the financial statement. 3. Any renewal or acceptance of fresh deposits on or after 1st April, 2014 shall, however, be in accordance with the provisions of Companies Act, 2013 and rules made thereunder. 4. This issues with the approval of the competent authority. Yours faithfully, (K.M.S. Narayanan) Assistant Director (Policy) Copy to:- 1. e-Governance Section a .....

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