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        Case ID :
        Companies Law

        Companies (Acceptance of Deposits) Amendment Rules, 2014 - F. No 1/8/2013-CL-V - Companies Law

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        Deposit acceptance without insurance permitted temporarily under amended companies deposit rules, allowing firms to take deposits sans insurance. The amendment to the Companies (Acceptance of Deposits) Rules, 2014 adds a proviso to rule 5(1) permitting companies to accept deposits without a deposit insurance contract for a specified transitional period, effective from publication in the Official Gazette.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Deposit acceptance without insurance permitted temporarily under amended companies deposit rules, allowing firms to take deposits sans insurance.

                            The amendment to the Companies (Acceptance of Deposits) Rules, 2014 adds a proviso to rule 5(1) permitting companies to accept deposits without a deposit insurance contract for a specified transitional period, effective from publication in the Official Gazette.


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