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          <h1>Trustees Must Adhere to Duties Under Companies (Acceptance of Deposits) Rules, 2014 to Safeguard Depositors' Interests and Assets.</h1> Trustees for depositors have specific duties under the Companies (Acceptance of Deposits) Rules, 2014. They must ensure that the company's assets and deposit insurance adequately cover the repayment of secured deposits and interest. Trustees must verify that deposit invitations comply with the deposit scheme and trust deed, and ensure no breach of covenants occurs. They should actively seek remedies for breaches, convene depositors' meetings when necessary, oversee security creation for deposits, and take action if the security becomes enforceable. Additionally, trustees must protect depositors' interests and address their grievances.

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