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Introduction to Deposits in Company Law
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The basic concepts related to what is a deposit and what are the reasons for strict regulations relating to acceptance of deposits are explained in this lesson.

CS Alok
Advocate and Company Secretary, Corporate law consultant, Youtuber. Teaching is my passion and teaching since 2010

U
Unacademy user
Aa
you have done wat other dnt bother,it has helped me in seeing myself better dan wat i was a month ago,if u upload a video in d midnight,i will watch keep alive our dreams for better india.
Sushil Verma
4 years ago
sir, has left his IAS job to serve people like u and me so that we (who can't afford 1-2 lakh or don't like approach of coaching institute who has made education as source of earning money) can also be benefited and country get better officer who have seen the pain of deprived and can serve them honestly.​ salute to unacademy team from bottom of my heart
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Akash agrawal
4 years ago
true
VP
Sir diploma company distance se Kakir sakthe hai
Explaining the background gives us a deeper understanding of the provision. Thanks,
U
thank you so much for all videos
CS Alok
a year ago
Thanks for the kind words
  1. COMPANIES ACT, 2013 SECTION 73 TO 76A


  2. CS ALOK QUALIFIED AS ADVOCATE AND COMPANY SECRETARY FELLOW MEMBEROF DELHI TEACHING FROM2011 TOCA CS, CMA, LAW STUDENTS CORPORATE LAW CONSULTANT PCS ICSI NEW


  3. ACCEPTANCE OF DEPOSITS BY COMPANIES


  4. Sec. 73 Prohibition on Acceptance of Deposits from Public


  5. Why the Prohibition on Acceptance of Deposits from Public?


  6. What are the Consequences of Acceptance of Deposits from Public?


  7. How will repayment defaults by companies affect the economy?


  8. (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:


  9. Provided that nothing in this sub-section shall apply to a banking company and non-banking financial company as defined in the Reserve Bank of India Act, 1934 (2 of 1934) and to such other company as the Central Government may, after consultation with the Reserve Bank of India, specify in this behalf.


  10. Thank you .Leave a Review and Comment .Like this Video RATE with 5 Stars Follow me on Unacademy