Public Deposits - Repayment Treatment of repayment of loans secured by mortgage of assets Earlier excluded from definition of deposits but are included now

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....:- 11-11-1976 Circular<br>Companies Law<br>Letter : No. 1/101/75&#8209;CL-XIV, dated 11&#8209;11&#8209;1976. Public Deposits - Repayment &#8209; Treatment of repayment of loans secured by mortgage of....

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....n of "deposit". Answer : The amounts referred to in the first proviso to sub&#8209;para (2) of para 3 of the Directions, were "deposits" within the meaning of para 2(f) though allowed to be accepted ....