One of the major issues in Companies Act 2013 viz Deposits received from Shareholders by Private Companies, for which lots of representations made by ICAI and others finally gets a part relief i.e. Deposits accepted till 31-3-2014 will be outside the ambit. Hope like this many more irritants in the Act for which Representations have been made will be addressed.
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Anyone, please let me know what is the impact to a private company with this?
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