Chapter 5

Section 76A of Companies Act, 2013 – Punishment for contravention of Section 73 or Section 76

SECTION 76A . PUNISHMENT FOR CONTRAVENTION OF SECTION 73 OR SECTION 76 [1][Where a company accepts or invites or allows or causes any other person to accept or invite on its behalf any deposit in contravention of the manner or the conditions prescribed under section 73 or section 76 or rules made thereunder or if… Read More

Form DPT-2 of Companies Act, 2013 – Deposit Trust Deed

Deposit Trust Deed Pursuant to rule 7(2) of the Companies (Acceptance of Deposits) Rules. 2014 Read More

Form DPT-1of Companies Act, 2013 – Circular or Circular In the Form of Advertisement Inviting Deposits

Circular or Circular In the Form of Advertisement Inviting Deposits Pursuant to section 73 (2)(v) and section 76 and rule 4(1) and 4(2) of the Companies (Acceptance of Deposits) Rules, 2014 Read More

Section 76 of Companies Act, 2013 – Acceptance of Deposits from Public by Certain Companies

SECTION 76. ACCEPTANCE OF DEPOSITS FROM PUBLIC BY CERTAIN COMPANIES [Effective from 1st April, 2014] (1) Notwithstanding anything contained in section 73, a public company, having such net worth or turnover as may be prescribed, may accept deposits from persons other than its members subject to compliance with the requirements provided in sub-section (2) of… Read More

Section 75 of Companies Act, 2013 – Damages for Fraud

SECTION 75. DAMAGES FOR FRAUD [Effective from 1st June, 2016] (1) Where a company fails to repay the deposit or part thereof or any interest thereon referred to in section 74 within the time specified in sub-section (1) of that section or such further time as may be allowed by the Tribunal under sub-section (2)… Read More

Section 74 of Companies Act, 2013 – Repayment of Deposits, etc., accepted before Commencement of this Act

SECTION 74. REPAYMENT OF DEPOSITS, ETC., ACCEPTED BEFORE COMMENCEMENT OF THIS ACT [Sub-section (1) of Section 74 is effective from 1st April, 2014] (1) Where in respect of any deposit accepted by a company before the commencement of this Act, the amount of such deposit or part thereof or any interest due thereon remains unpaid… Read More

Section 73 of Companies Act, 2013 – Prohibition on Acceptance of Deposits from Public

SECTION 73. PROHIBITION ON ACCEPTANCE OF DEPOSITS FROM PUBLIC [Effective from 1st April, 2014] (1) On and after the commencement of this Act, no company shall invite, accept or renew deposits under this Act from the public except in a manner provided under this Chapter: Provided that nothing in this sub-section shall apply to a… Read More

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