Return of Deposits: annual auditor certified filing disclosing deposit particulars, liquid assets and exempted borrowings for compliance. Return of Deposits under the Companies (Acceptance of Deposits) Rules, 1975 mandates an annual, auditor certified filing as on 31st March disclosing ... Summary
Return of Deposits: annual auditor certified filing disclosing deposit particulars, liquid assets and exempted borrowings for compliance.
Return of Deposits under the Companies (Acceptance of Deposits) Rules, 1975 mandates an annual, auditor certified filing as on 31st March disclosing detailed deposit particulars (acceptances, renewals, repayments, outstanding balances), period wise and interest rate breakdowns, matured/unclaimed items, liquid assets to meet maturing deposits with specified calculations and listings of unencumbered bank balances and government/trust securities, and disclosure of exempted borrowings; managerial and auditor certificates and prescribed classification, rounding and declaration rules apply.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.