Companies Act, 2013: Repay pre-2013 deposits within 3 years of Section 74 start or original term, whichever is sooner.

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Full Text of the Document

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....Repayment of deposits, etc., accepted before commencement of this Act - conditions relaxed - deposits accepted under Companies Act, 1956 shall be repaid within 3 years from the commencement of the original section 74 of the Companies Act, 2013 or on or before expiry of the period for which deposits were accepted whichever is earlier - Section 74(1)(b) of the Companies Act, 2013....