https://www.taxtmi.com/news?id=17823 Companies must secure deposit insurance before issuing circulars, advertisements, or renewing public deposits, with a transitional allowance where insurance products were unavailable. The statutory definition of deposits captures receipts by any name, and the regime limits public deposit-taking to companies meeting prescribed financial thresholds while imposing obligations on advertising, credit rating, security creation, trustee appointment and duties, and penalties for contraventions to protect investors. en-us Fri, 07 Apr 2017 18:56:40 +0530 Fri, 07 Apr 2017 18:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17823 Companies must secure deposit insurance before issuing circulars, advertisements, or renewing public deposits, with a transitional allowance where insurance products were unavailable. The statutory definition of deposits captures receipts by any name, and the regime limits public deposit-taking to companies meeting prescribed financial thresholds while imposing obligations on advertising, credit rating, security creation, trustee appointment and duties, and penalties for contraventions to protect investors. News - Fri, 07 Apr 2017 18:56:40 +0530 https://www.taxtmi.com/news?id=17823