Companies deposits amendment requires auditor declaration in Form DPT-3 and replaces Forms DPT-3 and DPT-4. The amendment mandates submission of an auditor declaration in Form DPT-3 and substitutes Forms DPT-3 and DPT-4. The revised Form DPT-3 is the statutory return for deposits and one time disclosure of money or loans not considered deposits, requiring company identity, deposit particulars, net worth calculations, liquid asset details, charge particulars, specified-source loan disclosures, auditor certification and prescribed attachments. The substituted Form DPT-4 records deposits existing at commencement of the Act, requiring totals, breakdowns, repayment arrangements, auditor's certificate, depositor list, and authorised signatory declarations.
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Companies deposits amendment requires auditor declaration in Form DPT-3 and replaces Forms DPT-3 and DPT-4.
The amendment mandates submission of an auditor declaration in Form DPT-3 and substitutes Forms DPT-3 and DPT-4. The revised Form DPT-3 is the statutory return for deposits and one time disclosure of money or loans not considered deposits, requiring company identity, deposit particulars, net worth calculations, liquid asset details, charge particulars, specified-source loan disclosures, auditor certification and prescribed attachments. The substituted Form DPT-4 records deposits existing at commencement of the Act, requiring totals, breakdowns, repayment arrangements, auditor's certificate, depositor list, and authorised signatory declarations.
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