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Sec 58A

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Querist : Anonymous (Querist)
04 July 2011 Whether pvt ltd co can accept deposits from its sh holders.if yes, what r the compliance to be follow ?
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Saroja

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Saroja (Expert)
04 July 2011 the ans is yes

58A and deposit rules – whether company has any deposits, return duly certified by auditor filed RoC and RBI before 30th June, Advertisement and published in news paper.

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