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        Companies Law

        Rule 4A - Statement in lieu of advertisement.

        Companies (Acceptance of Deposits) Rules, 1975
        Chapter 01

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        Statement in lieu of advertisement requires delivery to the Registrar before accepting unsolicited deposits and defines its limited validity period. A company intending to accept deposits without inviting them must deliver to the Registrar a statement in lieu of advertisement containing the required particulars and signatures before accepting deposits; that statement is valid only until six months after financial year closure or until the balance sheet is laid before the general meeting, or the latest day the annual general meeting should have been held, whichever is earlier.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Statement in lieu of advertisement requires delivery to the Registrar before accepting unsolicited deposits and defines its limited validity period.

                              A company intending to accept deposits without inviting them must deliver to the Registrar a statement in lieu of advertisement containing the required particulars and signatures before accepting deposits; that statement is valid only until six months after financial year closure or until the balance sheet is laid before the general meeting, or the latest day the annual general meeting should have been held, whichever is earlier.


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