Deposit rules 2014

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Dear All,

Can any body explain the Rule 2 (c) (xi) of Companies (Acceptance of Deposit) Rules 2014

Rule 2 (c) (xi): any non-interest bearing amount received or held in trust;

Regards

Ramesh, FCS

 

Replies (5)

Dear sir

please find attached file of complete details regarding acceptance of deposite rule.

Thank you Mr Piyush.

Can any body elaborate the said Rule with any example?

[Rule 2 (c) (xi): any non-interest bearing amount received or held in trust;]

 

Dear all, 

under Rule 2 (viii), whether status of person is as a director or not is seen on the date of deposit received or as on 1-04-2014 ??

Thanks.

I have the same question as Ramesh Babu's...i.e., what are the examples of "any non-interest amounts received or held in trust" that is mentioned in the exclusions to the definition of deposits under the Companies acceptance of deposits rules 2014.

Dear All,

I feel that any unsecured loan from any person with out interest may come under this category.

Views of others are anticipating...


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