Companies (Acceptance of Deposits) Amendment Rules, 2015 - File No 1/8/2013-CL-V - Companies Law

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Deposit acceptance amendments require annual credit rating and specific treatment of earlier subscription receipts by companies. Companies receiving subscription monies before 1 April 2014 and disclosed in the balance sheet up to 31 March 2014, where allotment remained pending on 31 March 2015, must by 1 June 2015 either return such amounts, allot the securities, or comply with the Companies (Acceptance of Deposits) Rules, 2014.

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Deposit acceptance amendments require annual credit rating and specific treatment of earlier subscription receipts by companies.

Companies receiving subscription monies before 1 April 2014 and disclosed in the balance sheet up to 31 March 2014, where allotment remained pending on 31 March 2015, must by 1 June 2015 either return such amounts, allot the securities, or comply with the Companies (Acceptance of Deposits) Rules, 2014.

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Companies (Acceptance of Deposits) Amendment Rules, 2015 - File No 1/8/2013-CL-V - Companies Law

Deposit acceptance amendments require annual credit rating and specific treatment of earlier subscription receipts by companies.

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Deposit acceptance amendments require annual credit rating and specific treatment of earlier subscription receipts by companies.

Topics