GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION

New Delhi, dated; 21st March, 2013.

G.S.R.  (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 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 Deposits) Rules, 1975,‑

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(i)   in rule 2, in clause (b), for sub clause (x), the following sub-clause shall be 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 option to convert them into shares in the company:

Provided that in the case of such bonds or debentures secured by the mortgage of any fixed assets referred to in Schedule VI of the Act excluding intangible assets the amount of such bonds or debentures shall not exceed the market value of such fixed assets”;

(ii) for rule 11A, the following rule shall be substituted, namely:‑

“The Regional Director or Registrd 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.”.

[F No 11/2 /2012- CL-V-(A)]

(Renuka Kumar)

Joint Secretary to the Government of India

Note:- The principal notification was published in the Gazette of India, Part II, Section 3, Sub-section (i) vide number G.S.R. 432(E) dated the 18th January, 1956 and subsequently amended vide the following notifications:-

Serial Number Notification Number Notification Date
1 SRO 524 (E) 18.09.1975
2 SRO 684 (E) 29.11.1975
3 SRO 427 (E) 29.06.1976
4 SRO 820 (E) 24.09.1976
5 SRO 965 (E) 29.12.1976
6 SRO 385 (E) 17.06.1977
7 GSR 386(E) 17.06.1977
8 GSR 424 (E) 27.06.1977
9 GSR 793 (E) 20.12.1977
10 GSR 200 (E) 30.03.1978
11 GSR 252(E) 27.04.1978
12 GSR 341 (E) 29.06.1978
13 GSR 378 (E) 17.07.1978
14 GSR 586 (E) 21.12.1978
15 GSR 109 (E) 21.03.1980
16 GSR 185 (E) 01.04.1980
17 GSR 380 (E) 24.06.1980
18 GSR 435 (E) 18.07.1980
19 GSR 546 (E) 24.09.1980
20 GSR 187 (E) 20.03.1981
21 GSR 44 (E) 12.01.1982
22 GSR 286 (E) 19.03.1985
23 GSR 372 (E) 19.04.1985
24 GSR 482 (E) 05.06.1985
25 GSR 7(E) 02.01.1986
26 GSR 358 (E) 01.04.1987
27 GSR 620 (E) 01.07.1987
28 GSR 850 (E) 12.10.1987
29 GSR 551 (E) 07.06.1990
30 GSR 39 (E) 10.01.1992
31 GSR 814 (E) 19.10.1992
32 GSR 744 (E) 10.12.1993
33 GSR 767 (E) 01.12.1995 and
34 GSR 155 (E) 19.03.1997

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