Section 73 - Prohibition on acceptance of deposits

CA PUNIT VERMANI , Last updated: 16 October 2014  
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(1) On and after the commencement of this Act, no company shall invite, accept or renew deposits 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 nonbanking financial company as defined in th

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