Clarification with regard to creation of deposit repayment reserve under section 73 (2)(c) of the Companies Act 2013 and to invest or deposit amount of debentures under rule 18 of Companies (Share capital and Debentures) Rules 2014

ln continuation to General Circular No. 11/2020 dated March 24, 2020, MCA has decided to further extend the time period from June 30, 2020 to September 30, 2020 :- a) For creating the deposit repayment reserve of 20% of deposits maturing during the financial year...


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