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Fixed deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 July 2016 please guide me whether Insurance to be made for unsecured deposits and if required please update whether there is any financial product available for insurance of fixed deposit under companies act, 2013.

thanks in advance.
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c.bakshi

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c.bakshi (Expert)
02 July 2016 there is amendment in the above said matter two days ago where insurance is not required. check MCA companies act, 2013 on 29/06/2016

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