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of <h1>Companies Must Secure Deposit Insurance Before Advertising; Extensions Ended March 31, 2018, As Per 2014 Rules.</h1> The Companies (Acceptance of Deposits) Rules, 2014, initially allowed companies to accept deposits without a deposit insurance contract until specific dates, with extensions granted until March 31, 2018, or until a deposit insurance product became available. Companies were required to enter into a deposit insurance contract at least 30 days before issuing a circular or advertisement. The insurance contract ensured that depositors would be repaid in case of default, with specific provisions for amounts below and above twenty thousand rupees. The insurance premium was to be borne by the company, and any default in compliance could lead to penalties and repayment obligations.
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