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of <h1>New Companies Deposit Rules 2014 Supersede 1975 Regulations, Effective April 1, 2014, Under Section 73 of Companies Act</h1> The Companies (Acceptance of Deposits) Rules, 2014, established by the Central Government in consultation with the Reserve Bank of India, supersede the previous 1975 rules under the Companies Act. Effective from April 1, 2014, these rules apply to companies excluding banking companies, non-banking financial companies registered with the Reserve Bank of India, housing finance companies registered with the National Housing Bank, and any company specified by the Central Government under section 73 of the Act. The rules outline the framework for the acceptance of deposits by companies, ensuring compliance with the Companies Act, 2013.
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