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of <h1>Companies Must Deposit 20% of Maturing Deposits with Scheduled Bank by April 30 Under Section 73(2) to Ensure Repayment.</h1> Every company subject to sub-section (2) of section 73 and every eligible company must deposit a specified sum with a scheduled bank by April 30 each year. This deposited amount is reserved solely for repaying deposits and must not fall below 20% of the deposits maturing during the financial year. This requirement ensures that companies maintain sufficient liquid assets to meet their deposit repayment obligations.
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