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Section 5: In rule 5 of the principal rules, in sub-rule (1), for the proviso, the following proviso shall be substituted, namely

Companies (Acceptance of Deposits) Amendment Rules, 2016Central Rules · 2013

“Provided that the companies may accept deposits without deposit insurance contract till the 31 st March, 2017 or till the availability of a deposit insurance product, whichever is earlier.”.

Where this provision sits

ActCompanies (Acceptance of Deposits) Amendment Rules, 2016
Section5
Marginal noteIn rule 5 of the principal rules, in sub-rule (1), for the proviso, the following proviso shall be substituted, namely
JurisdictionCentral
StatusIn force as published by the source

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