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High Court: Inter-corporate loans/deposits not "deposits" under Maharashtra Depositors Act; Companies Act governs these transactions.
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....Deposit - the intercorporate deposit/loan, i.e., a loan advanced/deposit made by a company with another company registered under the provisions of the Companies Act, 1956/2013 would not amount to a “deposit” within the meaning and for the purpose of the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999- HC....
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