https://www.taxtmi.com/circulars?id=10962 Amounts received in a company's joint names of a director and a non director, or a private company's joint names of a shareholder and a non shareholder, are excluded from the purview of Rule 2(b)(ix) of the Companies (Acceptance of Deposits) Rules, 1975. Deposits from lending firms are likewise excluded when not all partners of the firm are directors on the borrowing company's board. en-us Sun, 04 May 1980 00:00:00 +0530 Fri, 17 Jun 2011 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10962 Amounts received in a company's joint names of a director and a non director, or a private company's joint names of a shareholder and a non shareholder, are excluded from the purview of Rule 2(b)(ix) of the Companies (Acceptance of Deposits) Rules, 1975. Deposits from lending firms are likewise excluded when not all partners of the firm are directors on the borrowing company's board. Circulars Companies Law Sun, 04 May 1980 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10962