Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Proposed Changes to Companies (Acceptance of Deposits) Rules, 2014: New Exemptions for Advances, Debentures, and Institutional Investments.</h1> The proposed amendments to the Companies (Acceptance of Deposits) Rules, 2014, suggest several changes. Advances received for goods or services beyond 365 days may not be treated as deposits if they occur in the ordinary business course, subject to disclosure. Debentures convertible into shares within ten years should be excluded from the deposit definition. Institutional investments by SEBI-registered entities may be exempt from disclosure requirements. Unsecured debentures listed per SEBI regulations could be excluded from being considered deposits. Convertible notes issued to investors with a minimum investment may also be exempted. The Committee recommended aligning deposit rules with exemptions for private companies and allowing flexibility in issuing deposit-related circulars.