Form and particulars of advertisements.
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....rd of Directors of the company and contains a reference to the conditions subject to which deposits shall be accepted by the company, the date on which the said Board of Directors has approved the text of advertisement, and the following informations, namely:- (a) name of the company; (b) the date of incorporation of the company; (c) the business carried on by the company and its subsidiaries with the details of branches or units, if any; (d) brief particulars of the management of the company; (e) names, addresses and occupations of the Directors; (f) profits of the company, ....
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....y preceding financial year; (j) a statement to the effect than on the day of the advertisement, the company has no overdue deposits other than unclaimed deposits, or a statement showing the amount of such overdue deposits, as the case may be; ^ [3][(ja) the total number of small depositors and amount due to them in respect of which default has been made; (jb) the fact of waiver of interest accrued on deposits of the small depositors;] (k) a declaration to the effect- (i) that the company has complied with the provis....
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....rar for registration a copy thereof ^[7][signed by a majority of the Directors on the Board of Directors of the company as constituted at the time the Board approved the advertisement, or their agents, duly authorised by them in writing]. Explanation.-For the purpose of this rule, the date of the issue of the newspaper in which the advertisement appears shall be taken as the date of issue of the advertisement. ^[8][(5) * * *] ---------------------------------------- Notes:- [1] Substituted by the Companies (Acceptance of Deposits) Amendment Rules, 1975 w.e.f. 18-9-1975 vide GSR 524(E), dated 18-9-1975. [2] Clauses (h), (i), (j) and (k) substituted for clause (h) by the Companies (Acceptance of Deposits)....
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