https://www.taxtmi.com/notifications?id=23827 The Central Government notifies that section 58A does not apply to companies which are Small Scale Industrial Units provided they meet specified conditions: paid up capital within the small scale threshold, deposits accepted from no more than a limited number of persons, no public invitation for deposits, and aggregate deposits not exceeding a prescribed ceiling; "deposit" and "Small Scale Industrial Unit" are defined by reference to the Companies (Acceptance of Deposits) Rules and relevant State registration and investment limits. en-us Fri, 02 Feb 1996 00:00:00 +0530 Wed, 22 Jun 2011 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23827 The Central Government notifies that section 58A does not apply to companies which are Small Scale Industrial Units provided they meet specified conditions: paid up capital within the small scale threshold, deposits accepted from no more than a limited number of persons, no public invitation for deposits, and aggregate deposits not exceeding a prescribed ceiling; "deposit" and "Small Scale Industrial Unit" are defined by reference to the Companies (Acceptance of Deposits) Rules and relevant State registration and investment limits. Notifications Companies Law Fri, 02 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23827