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Companies (Acceptance of Deposits) Second Amendment Rules, 2015- (Ministry of Corporate Affairs) (15 Sep 2015)



The Ministry of Corporate Affairs notified amendment to Rule 2(i)(c)(viii) of the Companies (Acceptance of Deposits) Rules, 2014. Aside from being permitted to provide money to his or her company, a director, or person related to the director, must furnish a declaration that the same was not received by borrowing or accepting loans or deposits from others.

Relevant : Number G.S.R. 386(E), dated the 6th June, 2014 MANU/DCAF/0080/2014


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