TaxTMI 
TaxTMI 
TaxTMI 
Information required in respect of application for extension of time or for exemption under sub-section (8) of section 58A of the Companies Act, 1956
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....n which the last annual general meeting was held and whether the audited accounts were placed in the annual general meeting. (10) Names, designations and addresses of the officers of the company to whom powers have been delegated for acceptance/repayment of deposits. (11) Equity/preference shares held by each of the following indicating separately the percentage, the same bears to the total equity/preference share capital of the company. (a) Controlling block: (i) Shares held by directors and their relatives. (ii) Other companies in the same management. (b) Central/State Government(s). (c) Financial institutions (by individual name(s)). (d) Nationalised banks (by individual name(s)). (e) Non-residents: (i) Companies not incorporated in India. (ii) Foreign nationals. (f) Shareholders not covered in (a) to (e) above holding one per cent or more of the equity shares. (g) Others: (i) Companies. (ii) Individuals. (12) Names and addresses of brokers/agents appointed by the company for procurement of deposits, together with terms of appoint-ment, the rate of commission paid and copies of agreement, if any. (13) ....
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.... one year and more but less than 2 years (c) for 6 months and more but less than 1 year (d) for 3 months and more but less than 6 months (e) for less than 3 months Total Overdue deposits (ii) Break-up of overdue deposits as follows:- Particulars Less than Rs. 1,000 More than Rs. 1,000 but less than Rs. 5,000 Rs. 5000 or more (iii) Deposits which are not overdue (a) Amounts of deposits which will become repayable by 31st March next. (b) Amounts of deposits which will become repayable in each of the next half years from April to September and October to March during next 3 years. (c) Amounts of deposits which will become due for repayment after the third year mentioned in (b) above. Total deposits (overdue and not overdue). (20) Please furnish the following information about payment of interest on deposits as on the date for which information is furnished against item 19. (a) Amounts of interest already due for payment but remaining unpaid- (i) for 2 years and more (ii) for one year and more but less than 2 years (iii) for ....
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....y agree to give an undertaking for repayment of interest in future on due dates? (24) Has the proposal for exemption/extension been approved by the board of directors? If so, please furnish a copy of the resolution. (If not, the company should take immediate steps to obtain such approval. It is suggested that this Form duly filled in draft may be placed before the board of directors for consideration). (25) If extension is sought for repayment of deposits accepted before 1-2-1975, i.e. the repayment of deposits mentioned in sub-section 3(a) of section 58A, please furnish the following details:- (i) Amounts of such deposits repayment of which has become overdue as on the date of application. No. Amount Rs. (a) for 3 years and more (b) for 2 years and more but less than 3 years (c) for 1 year and more but less than 2 years (d) for 6 months and more but less than 1 year (e) for 3 months and more but less than 6 months (f) for less than 3 months Total:- (ii) Deposits which are not overdue (a) Amount of deposits which will become payable by 31st March next. (b) Amount of dep....
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....ii) of the Companies (Acceptance of Deposits) Rules, 1975 Period in which excess deposits were taken (b) Amount of such deposits outstanding as on the date of application. (c) Amount of interest, if any, due on such deposits but remaining unpaid as on the date of application. (iv) Reasons for which excess occurred and why the excess and the interest thereon, if any, could not be repaid. (28) Whether the company has accepted or renewed any deposits even after the excess mentioned in item 27 above was known? If so, please indicate:- (i) The number of deposits since accepted/renewed. (ii) The number and amount accepted/renewed in each month after the excess was known. (iii) The reasons for accepting/renewing deposits in contravention of the Rules. (29) Whether the company is presently accepting/ renewing such deposits. (30) Whether the company had approached the RBI in the past for any exemption from its directions? If so, whether such exemption was allowed? Please give copies of relevant correspondence. (31) Full details of the investment made by the company in the shares and debentures of other bodies corporate. (32) Is there any scope for d....
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....s are interested. (51) Details of office/place of profits held by the relatives of directors, if any, (52) What are the conditions which the company is prepared to undertake if exemption/extension is granted, in particular in respect of the following items:- (i) Composition of the board of directors by taking the nominees of depositors or financial institutions (ii) Restriction on repayment of deposits held by directors and their relatives (give details) (iii) Give protection or security to depositors for repayment of deposits. (iv) Non-acceptance and non-renewal of further deposits. (v) Professionalisation of management. (vi) Any scheme of reorganisation subject to the supervision of the court. (vii) Restriction on declaration of dividend to shareholders during the period of extension, if any, granted. (viii) Immediate payment of interest already due and assurance for payment of interest in future on due dates. (ix) In any other manner. (53) Any other information which the company wants to furnish. (54) Please furnish the following enclosures:- (i) One copy each of the Articles of Association of the company. (ii) One copy of each of the audited accounts o....