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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Repayment of deposits, etc., accepted before commencement of ...

Companies Law

January 7, 2018

Repayment of deposits, etc., accepted before commencement of this Act - conditions relaxed - deposits accepted under Companies Act, 1956 shall be repaid within 3 years from the commencement of the original section 74 of the Companies Act, 2013 or on or before expiry of the period for which deposits were accepted whichever is earlier - Section 74(1)(b) of the Companies Act, 2013

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