https://www.taxtmi.com/notifications?id=119422 The amendment expands exclusions and specific categories of receipts from being treated as deposits by adding listed non convertible debentures without asset charge, non interest bearing trust amounts, specified advances, chit subscriptions, SEBI regulated collective investment receipts, convertible notes to start ups, and investments by specified funds; raises certain acceptance thresholds and permits private companies to accept member monies subject to Registrar filing; mandates annual minimum investment grade credit ratings and filing for deposit taking companies; prescribes advertisement and website disclosure requirements; extends the deposit insurance proviso temporarily; and requires financial statement notes disclosing monies from directors. en-us Wed, 29 Jun 2016 00:00:00 +0530 Sat, 02 Jul 2016 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119422 The amendment expands exclusions and specific categories of receipts from being treated as deposits by adding listed non convertible debentures without asset charge, non interest bearing trust amounts, specified advances, chit subscriptions, SEBI regulated collective investment receipts, convertible notes to start ups, and investments by specified funds; raises certain acceptance thresholds and permits private companies to accept member monies subject to Registrar filing; mandates annual minimum investment grade credit ratings and filing for deposit taking companies; prescribes advertisement and website disclosure requirements; extends the deposit insurance proviso temporarily; and requires financial statement notes disclosing monies from directors. Notifications Companies Law Wed, 29 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119422