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Public Deposits - Acceptance of Scope and provision of Companies (Acceptance of Deposits) Rules, 1975 explained

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....- 14-10-1988 Circular<br>Companies Law<br>Letter : No. 3/2/86&#8209;CL&#8209;X, dated 14&#8209;10&#8209;1988. Subject:-Public Deposits - Acceptance of &#8209; Scope and provision of Companies (Acce....

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....d it is felt that the charges paid to agents, whether it is called service charges or manager's fees or any other such names would amount to payment of brokerage . If such a brokerage is in excess of ....