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        Companies Law

        Rule 9 - Meeting of depositors

        Companies (Acceptance of Deposits) Rules, 2014.
        Chapter 01

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        Meeting of depositors: trustee must convene when requisitioned by depositors or when a default affects depositor interests. A meeting of depositors must be called by the trustee for depositors upon a written requisition signed by at least one-tenth in value of outstanding depositors or upon the occurrence of an event that constitutes a default or which, in the trustee's opinion, affects the interests of the depositors.
                          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.

                                Meeting of depositors: trustee must convene when requisitioned by depositors or when a default affects depositor interests.

                                A meeting of depositors must be called by the trustee for depositors upon a written requisition signed by at least one-tenth in value of outstanding depositors or upon the occurrence of an event that constitutes a default or which, in the trustee's opinion, affects the interests of the depositors.


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