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MCA vide Notification No- S.O. 42(E) dated 22.01.2019 has issued Companies (Acceptance of Deposits) Amendment Rules, 2019

MCA vide Notification No- G.S.R. 42(E) on Tuesday, 22nd January, 2019 has issued Companies (Acceptance of Deposits) Amendment Rules, 2019 to amend the Companies (Acceptance of Deposits) Rules, 2014 wherein;

  1. in rule 2, in sub-rule (1), in clause (c), in sub-clause(xviii), after the words “Infrastructure Investment Trusts,” the words “Real Estate Investment Trusts” shall be inserted.
  2. in rule 16, the following Explanation shall be inserted, namely:-

“Explanation.- It is hereby clarified that Form DPT-3 shall be used for filing return of deposit or particulars of transaction not considered as deposit or both by every company other than Government company.”

  1. in rule 16(A), after sub-rule (2), the following sub-rule shall be inserted, namely:-

“(3) Every company other than Government company shall file a onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 01st April, 2014 to the date of publication of this notification in the Official Gazette, as specified in

Form DPT-3 within ninety days from the date of said publication of this notification along with fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.”

  1. in the Annexure, Form DPT-3 shall be substituted.

The said Notification can be accessed through following link:MCANotf_GSR_42(E)_22012019_Accept of Deposits Amend Rules2019

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