Notification Detail :
MCA has notified the Companies (Acceptance of Deposits) Amendment Rules, 2015 dated March 31, 2015.
"To allot any share, stock, bond, or debenture within a specified period, if a company receives any amount by way of subscriptions to any shares, stock, bonds or debentures before the 1st April,2014 and disclosed in the balance sheet for the financial year ending on or before the 31st March,2014 against which the allotment is pending on the 31st March,2015, the company shall, by the 1st June 2015, either return such amounts to the persons from whom these were received or allot shares, stock, bonds or debentures or comply with these rules."
At least once a year credit rating for deposits accepted.
The companies may accept deposits without deposit insurance contract till the 31st March, 2016 or till the availability of a deposit insurance product, whichever is earlier.
Revised Form DPT-3 has been notified.
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