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of <h1>Public companies can accept deposits from non-members under Section 73(2) with annual credit ratings and asset charges.</h1> A public company with a prescribed net worth or turnover may accept deposits from non-members, subject to compliance with Section 73(2) and additional rules set by the Central Government in consultation with the Reserve Bank of India. The company must obtain an annual credit rating, assessing its net worth, liquidity, and deposit repayment ability, to inform the public at the time of deposit invitations. Additionally, companies accepting secured deposits must create a charge on their assets, equal to or exceeding the deposit amount, within thirty days of acceptance, following prescribed rules. The provisions of this Chapter apply to public deposit acceptance.
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