Thursday, 24 January 2019

MCA Amends Companies (Acceptance of Deposits) Rules, 2014

The Ministry of Corporate Affairs (‘MCA’) vide a Notification dated January 22, 2019 (‘MCA Notification’) has broadened the extant framework for Companies (Acceptance of Deposits) Rules, 2014 with an objective to further enhance the transparency, disclosure to the stakeholders and improve governance in the Corporate Sector
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Section 56(2)(ix): Forfeiture of Advance Money Received – A Critical Analysis

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