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.


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