Repayment timeframe for company deposits: repay within three years or by expiry; renewals subject to Chapter V compliance. Clause (b) of section 74(1) is substituted to require that deposits be repaid within three years from such commencement or on or before expiry of the ... Summary
Repayment timeframe for company deposits: repay within three years or by expiry; renewals subject to Chapter V compliance.
Clause (b) of section 74(1) is substituted to require that deposits be repaid within three years from such commencement or on or before expiry of the period for which the deposits were accepted, whichever is earlier; renewal of any such deposits shall be done in accordance with the provisions of Chapter V and the rules made thereunder.
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