Chapter V DPT

Chapter V of the Companies Act, 2013

DEPOSITS (Companies Act 2013)
October 18, 2013
Section 73, 74, 75 and 76

The Companies (Acceptance of Deposits) Rules, 2014


2 responses to “Chapter V DPT

  1. is it possible to appoint Managing Director through appointment letter with monthly salary basis in a Private Limited company…


    • You may follow following steps:
      1. Appointment as Directors, if already not a director,
      2. Pass Board Resolution to appoint a director as Managing Director on approved terms condition,
      3. Appointment letter and Monthly salary as approved by Board
      4. File Return of appointment within 30 days of appointment.


No professional query in comments (but in mail). Only academic discussion here. Comments moderated. Sometime, I reply to your mail ID.

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