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Companies _acceptance Of Deposits_ Rules, 1975

Category: Centralrules

"Government company" means a company as defined in section 617 of the Companies Act, 1956. 3A. Maintenance of liquid assets.- (1) Every company shall, before the 30th day of April of each year, deposit or invest, as … include the balance in any reserve created; (i) For repayment of any future liability or for depreciation in assets or for bad debts; (ii) By the revaluation of any assets of the company. 3. Acceptance of deposits