MCA Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013
Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013 under section 74 of the said Act - MCA

This Ministry has received representations seeking clar.ification regarding processing of the deposits related complaints rec€ived from investors under section 74 of the Companies Act, 2013 (the said Act) in respect of defaults made by companies in repayment of deposits accepted by them before th€ commencement of the said Act i.e. before lst April, 2014 and filing of prosecutions against defaulting companies by the Registrars of Companies/Regional Directors.