Western India Regional Council of
The Institute of Chartered Accountants Of India

Law Update Details

 
August 2018 CA. Rahul Joglekar
 

MCA (www.mca.gov.in)


MCA Notification GSR (E) dated 5th July 2018 – Companies (Acceptance of Deposits) Amendment Rules, 2018


MCA has issued the aforesaid notification to make amendments to the Companies (Acceptance of Deposit) Rules, 2014 issued under the Companies Act 2013. One of the important amendment is that the statutory auditor’s certificate regarding no default in case of interest and principal repayment of all deposits taken by a company shall be filed with the ROC. The amendment shall be with effect from 15th August 2018. For complete text of the notification, please refer the link: http://www.mca.gov.in/Ministry/pdf/CompaniesAcceptanceDepositsAmendmentRules_06072018.pdf.

 

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