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MINISTRY OF FINANCE AND COMPANY AFFAIRS

DEPARTMENT OF COMPANY AFFAIRS

NOTIFICATION

NEW DELHI, THE 9th APRIL, 2003

G.S.R. 323(E).- In exercise of the powers conferred by section 58A read with section 642 of the Companies Act, 1956 (1 of 1956), the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 1975, namely:-

1. (1) These rules may be called the Companies (Acceptance of Deposits) (Second Amendment) Rules, 2003.

(2) They shall come into force on the date of their publication in Official Gazette.

2. In he Companies (Acceptance of Deposits) Rules, 1975, in the Form, in Part-I,-

(i) in tem 2, for sub-item (b) the following sub-item shall be substituted, namely:-

“(b) (i) Free of interest 831

(ii) Below 6% 832

(iii) 6% or more but less than 9% 833

(iv) 9% or more but less than 11% 834

(v) 11% or more but less than 12.5% 835

(vi) at 12.5% 836

(vii) more than 12.5% 837

(viii) Total 830 “;

(ii) in item 4, for sub-item (b) the following sub-item shall be

substituted, namely:-

“(b) (i) Free of interest 881

(ii) Below 6% 882

(iii) 6% or more but less than 9% 883

(iv) 9% or more but less than 11% 884

(v) 11% or more but less than 12.5% 885

(v) at 12.5% 886

(vi) more than 12.5% 887

(vii)Total 880 “;

F.NO. 5/12/2001-CL-V]

RAJIV MEHRISHI

Joint Secretary

Foot Note:- The Companies (Acceptance of Deposits ) Rules, 1975 published vide Notification   No. G.S.R. 43(E) dt. 3-2-1975, Part II, Section 3, Sub-section (i) of the Gazette of India (Extraordinary) dated 3-2-1975, subsequently amended by Notifications No :-

S.O.524(E) dated 18.9.1975
S.O.684(E) dated 29.11.1975
G.S.R. 427(E) dated 29.6.1976
G.S.R. 820(E) dated 24.9.1976
G.S.R. 965(E) dated 29.12.1976
G.S.R. 385(E) dated 17.6.1977
G.S.R. 386(E) dated 17.6.1977
G.S.R. 424(E) dated 27.6.1977
G.S.R. 793(E) dated 20.12.1977
G.S.R. 200(E) dated 30.3.1978
G.S.R. 252(E) dated 27.4.1978
G.S.R. 341(E) dated 29.6.1978
G.S.R. 378(E) dated 17.7.1978
G.S.R. 586(E) dated 21.12.1978
G.S.R. 109(E) dated 21.3.1980
G.S.R. 185(E) dated 1.4.1980
G.S.R. 380(E) dated 24.6.1980
G.S.R. 435(E) dated 18.7.1980
G.S.R. 546(E) dated 24.9.1980
G.S.R. 187(E) dated 20.3.1981
G.S.R. 44(E) dated 12.1.1982
G.S.R. 286(E) dated 19.3.1985
G.S.R. 372(E) dated 19.4.1985
G.S.R. 482(E) dated 5.6.1985
G.S.R. 7(E) dated 2.1.1986
G.S.R. 358(E) dated 1.4.1987
G.S.R. 620(E) dated 1.7.1987
G.S.R. 850(E) dated 12.10.1987
G.S.R. 551(E) dated 7.6.1990
G.S.R. 39(E) dated 10.1.1992
G.S.R. 814(E) dated 19.10.1992
G.S.R. 744(E) dated 10.12.1993
G.S.R. 767(E) dated 1.12.1995
G.S.R. 385(E) dated 24.5.2001
G.S.R. 873(E) dated 28.11.2001
G.S.R. 77(E) dated 4.2.2002
G.S.R. 300(E) dated 3.4.2003

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