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of <h1>Shareholder Deposits: Repayment Terms Unchanged If Company Status Changes u/s 43A, No New Time Limits Imposed.</h1> A private limited company queried whether deposits accepted from its shareholders would be subject to the Acceptance of Deposits Rules if the company becomes a deemed public company under section 43A. The response clarified that deposits, which become applicable under these rules due to the change in company status, may be repaid according to the original terms of their acceptance. This implies that the company must adhere to the agreed terms for any necessary repayments without specifying a separate time limit for such actions.
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