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Companies Law - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Entitlement of sum after maturity of FDR with the respondent - ...

Companies Law

December 3, 2019

Entitlement of sum after maturity of FDR with the respondent - section 73(4) of the Companies Act, 2013 - this Tribunal simply regularized the belated payment, which was made by the respondent to the depositors by extending the time to make the payment u/s 74(2) of the Companies Act, 2013 - this order will not debar the petitioners to get the interest after the maturity till the date of actual payment is made.

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