Notification
dated 21.03.2013
[F No
11/2/2012- CL-V-(A)]
G.S.R. _____
(E). - In exercise of the power conferred by Section 58A read with Section 642
of the Companies Act, 1956 (1 of 1956), the Central Government in consultation
with Reserve Bank of India has further amended the Companies (Acceptance of
Deposit) Rules, 1975, namely:-
1. (1) These
rules may be called the Companies (Acceptance of Deposits Amendment) Rules, 2013.
(2) They shall come into force on the date
of their publication in the Official Gazette.
2. In the Companies
(Acceptance of Deposit) Rules, 1975,-
(i). in rule 2, in clause
(b), for sub clause (x), the following sub-clause has been substituted,
namely:-
“(x) any amount raised by the issue of bonds or
debentures secured by the mortgage of any fixed assets referred to in schedule
VI of the Act excluding intangible assets of the company or with an opinion to
convert them into shares in the company:
Provided that in the case of such bonds of
debentures secured by the mortgage of any fixed assets referred to in schedule
VI of the Act excluding intangible assets the amount of such bond and debenture
shall not exceed the market value of such fixed assets”;
(ii) for rule 11A, the
following shall be substituted, namely:-
“The
Regional Director or Registrar of Companies or any other officer of the Central
Government shall be authorised to make complaints under sub-section (2) of
Section 58AAA of the Act.”
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