https://www.taxtmi.com/article/detailed?id=6317 Companies may accept deposits only after meeting procedural and prudential conditions: issuing a prescribed circular disclosing financial position and credit rating, filing it with the registrar, maintaining a deposit repayment reserve in a scheduled bank, obtaining deposit insurance where required, certifying no prior default, and creating security or charges for secured deposits. Rules limit permissible tenures, renewal practices, interest and brokerage rates, and the aggregate quantum of deposits relative to capital and reserves; eligible public companies must also obtain and disclose annual credit ratings. en-us Mon, 22 Jun 2015 06:23:38 +0530 Mon, 22 Jun 2015 06:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6317 Companies may accept deposits only after meeting procedural and prudential conditions: issuing a prescribed circular disclosing financial position and credit rating, filing it with the registrar, maintaining a deposit repayment reserve in a scheduled bank, obtaining deposit insurance where required, certifying no prior default, and creating security or charges for secured deposits. Rules limit permissible tenures, renewal practices, interest and brokerage rates, and the aggregate quantum of deposits relative to capital and reserves; eligible public companies must also obtain and disclose annual credit ratings. Articles Corporate Laws / IBC / SEBI Mon, 22 Jun 2015 06:23:38 +0530 https://www.taxtmi.com/article/detailed?id=6317