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<h1>Board Must Approve and File Both English and Regional Ads for Public Deposits u/r 4(1) Compliance.</h1> The circular addresses the acceptance of public deposits under the Companies (Acceptance of Deposits) Rules, 1975. It clarifies that when the board of directors provides an advertisement text in English, which is then translated into a regional language for publication, both versions must be approved by the board. Furthermore, both the English and regional language texts must be filed with the Registrar of Companies before publication. Rule 4(1) mandates equal treatment for advertisements in both languages, ensuring compliance with regulatory requirements.