Interest rate ceiling in acceptance of deposits rules amended to a higher prescribed percentage, updating related statutory form entries. Amendment raises the figure in rule 3(i)(c) of the Companies (Acceptance of Deposits) Rules, 1975 from the prior percentage to a higher percentage by substituting the earlier figure with the new figure; the change is effected by a Central Government notification under section 58A read with section 642 and aligns the corresponding numeric entries in the Form (Part I items 2(b) and 4(b), entries (vi)-(viii)) with the amended rule.
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Interest rate ceiling in acceptance of deposits rules amended to a higher prescribed percentage, updating related statutory form entries.
Amendment raises the figure in rule 3(i)(c) of the Companies (Acceptance of Deposits) Rules, 1975 from the prior percentage to a higher percentage by substituting the earlier figure with the new figure; the change is effected by a Central Government notification under section 58A read with section 642 and aligns the corresponding numeric entries in the Form (Part I items 2(b) and 4(b), entries (vi)-(viii)) with the amended rule.
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