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Acceptance of deposits - Maximum amount for Private companies
Corporate & Other Laws
The exception to maximum amount is given to start ups. Whether it is for 5 years or 10 years from its date of incorporation?
Answers (7)
Kumar G
It's clearly stated in the study mat, 5 years from the date of incorporation
In video, it is mentioned as 10yrs.
It's 10 years, please refer clarification here: https://1fin.page.link/vgCQrhmyeqhMhMj69
Sahibdeep Singh
It's 10 years, please refer clarification here: https://1fin.page.link/vgCQrhmyeqhMhMj69
Thank you so much sir. Sir, whether 10years is applicable even for exemptions given for issue of circular, filing the copy of circular with registrar etc.?
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