Government of India Ministry of Corporate Affairs Notification New Delhi, dated, the 11th May, 2017 G.S. R. _____(E). – In exercise of the powers conferred by sections 73 and 76 read with sub-section (1) and sub-section (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules… Read More »
Deposits and Debentures for Companies as per Companies Act 2013
1. Which entities are authorised to raise deposits from public? The entities authorised to accept deposits are given in the table as below: Sr. No. Category Regulator Additional Comments 1 Commercial and Cooperative Banks Reserve Bank of India (RBI) All Commercial and Co-operative Banks are entitled to accept deposits 2 Non-Banking Finance Companies (NBFCs) RBI… Read More »
RBI/2015-16/390 A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] May 05, 2016 To All Category – I Authorised Dealers and Authorised Banks Madam/Sir Foreign Exchange Management (Deposit) Regulations, 2016 Attention of Authorised Dealers (ADs) is invited to (a) A.D. (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of… Read More »