<h1>Companies Act Amendments: Temporary Deposit Insurance Waiver and Extended Repayment Provisions u/ss 74(2) and 74(3.</h1> The Ministry has issued three notifications concerning the Companies Act, 2013, regarding the acceptance of deposits by companies. Amendments allow companies to accept deposits without deposit insurance until March 31, 2015, following stakeholder suggestions for a transitional period. Additionally, to assist companies struggling with deposit repayments, provisions of section 74(2) and (3) have been enacted from June 6, 2014. The Company Law Board is now authorized to grant companies additional time for deposit or interest repayment in specific cases. These notifications are accessible on the Ministry's website.