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Section 73. Prohibition on acceptance of deposits from public: (1) On and after the commencement of this Act, no company shall invite, accept or renew deposit under this Act from the public except in a manner provided under this Chapter: Provided that nothing in this sub-section shall apply to a banking company and non-banking financial company as defined in the Reserve Bank of India Act, 1934 (2 of 1934) and to such other company as the Central Government may, after consultation with the Reserve Bank of India, specify in this behalf. Companies (Acceptance of Deposits) Rules, 2014: Rule 2. Definitions: (e) “eligible company” means a public company as referred to in sub-section (1) of section 76, having a net worth of not less than one hundred crore rupees or a turnover of not less than five hundred crore rupees and which has obtained the prior consent of the company in general meeting by means of a special resolution and also filed the said resolution with the Registrar of Companies before making any invitation to the Public for acceptance of deposits:
According to the latest UPI data from the National Payments Corporation of India (NPCI), the peer-to-merchant (P2M) UPI transactions saw 119 per cent gr...
Pilot project of DigiYatra includes which of the following airports?
Indian Institute of Corporate Affairs (IICA) has collaborated with ________ to launch a new program, Executive MBA in Corporate Affairs and Management.
What is the position of India in the medal list of International Shooting Sport Federation Junior World Cup?
Indian Railways recently signed an MoU with which country to enhance its technological collaboration and track maintenance?
Sub-Lieutenant Anamika B. Rajeev recently became the Indian Navy’s first woman helicopter pilot. During which event was this milestone celebrated?
Shafali Verma became the fastest woman to score a double century in Test cricket against which team?
A tripartite agreement “Manipur super 50” has recently been signed between SBIF, NEIDO and ___?
Which country inspired the inclusion of Fundamental Duties in the Indian Constitution?
Which bank has recently announced to launch of BoB World Gold, a new feature on its mobile banking platform designed especially for seniors and the elde...
