## Summary of the Companies Acceptance of Deposits Amendment Rules, 2017
This notification, G.S.R. 454(E), issued by the Ministry of Corporate Affairs on May 11, 2017, introduces amendments to the Companies Acceptance of Deposits Rules, 2014, under the authority granted by sections 73 and 76 read with subsections 1 and 2 of section 469 of the Companies Act, 2013 (18 of 2013).
The key amendments are as follows:
1. **Inclusion of Infrastructure Investment Trusts:** Rule 2, sub-rule 1, clause (c), sub-clause (xviii) is amended to include "Infrastructure Investment Trusts" after "Domestic Venture Capital Funds" in the list of entities from whom deposits can be accepted.
2. **Extension for Deposit Insurance Contract:** Rule 5, sub-rule 1 is amended, providing that companies may accept deposits without a deposit insurance contract until March 31, 2018, or until a deposit insurance product becomes available, whichever is earlier.
These rules are effective from the date of their publication in the Official Gazette (May 11, 2017).
The principal rules, G.S.R. 256(E), were initially published on March 31, 2014, and have been subsequently amended by notifications G.S.R. 386(E) dated June 6, 2014, G.S.R. 241(E) dated March 31, 2015, G.S.R. 695(E) dated September 15, 2015 and G.S.R. 639(E) dated June 29, 2016.
The Joint Secretary, Amardeep Singh Bhatia, signed the notification.
Key Entities Referenced
Ministry of Corporate Affairs: The ministry responsible for this notification.
Companies Act, 2013: The primary legislation being amended.
Companies Acceptance of Deposits Rules, 2014: The specific rules being amended by this notification.
Companies Acceptance of Deposits Amendment Rules, 2017: The title of the amendment rules introduced by this notification.
Official Gazette: The official publication where the amendment is published.
Domestic Venture Capital Funds: An entity type mentioned within the amendment to the rules.
Infrastructure Investment Trusts: An entity type inserted into the rules regarding acceptance of deposits.
New Delhi: Location where the notification was issued.
REGD. NO. D. L.-33004/99
EXTRAORDINARY
II— — (i)
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
360]
No. 360] NEW DELHI, THURSDAY, MAY 11, 2017/VAISAKHA 21, 1939
कारपोरेट काय यमत्रं ालय
अधधसचू ना
नई ददल्ली, 11 मई, 2017
सा.का.धन. 454(अ).—केन्द्रीय सरकार, कंपनी अधधधनयम, 2013 (2013 का 18) की धारा 469 की उपधारा (1) और उपधारा
(2) के साथ पठित धारा 73 और धारा 76 द्वारा प्रदत्त शधियों का प्रयोग करते हुए, कंपनी (जमा की स्वीकृधत) धनयम, 2014 का और
संशोधन करने के धलए धनम्नधलधखत धनयम बनाती ह,ै अथायत् :—
1. (1) इन धनयमों का संधिप्त नाम कंपनी (जमा की स्वीकृधत) संशोधन धनयम, 2017 ह।ै
(2) ये धनयम राजपत्र में उनके प्रकाशन की तारीख से प्रवृत्त होंगे।
2. कंपनी (जमा की स्वीकृधत) धनयम, 2014 (धजसे यहां इसके पश्चात् मूल धनयम कहा गया ह)ै में,—
(क) धनयम 2 के उप-धनयम (1) में खंड (ग) के उप-खंड (xviii) में “घरेलू जोधखम पूंजी कोष” शब्दों के पश्चात् “, अवसंरचना धनवेश
न्द्यास” शब्द अंत:स्थाधपत दकए जाएंगे।
(ख) धनयम 5 के उप-धनयम (1) में परंतकु के स्थान पर धनम्नधलधखत परंतुक रखा जाएगा, अथायत्:—
“परंतु कंपधनयां तारीख 31 माचय, 2018 तक या जमा बीमा उत्पाद की उपलब्धता तक, इनमें से जो पूवयतर हो, जमा बीमा
संधवदा के धबना जमा राधश स्वीकार कर सकती हैं।”।
[फा. सं. 1/8/2013-सीएल-V]
अमरदीप ससह भाठटया, संयुि सधचव
ठटप्पण : मूल धनयम भारत के राजपत्र, असाधारण, भाग-II, खंड-3, उपखंड (i) में सा.का.धन. 256(अ), तारीख 31 माचय, 2014 द्वारा
प्रकाधशत दकए गए थे और तत्पश्चात् नीचे ददए धववरण के अनुसार संशोधधत दकए गए थे:—
3081GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
क्र.सं. अधधसूचना संख्या तारीख
1. सा.का.धन. 386(अ) 06 जून, 2014
2. सा.का.धन. 241(अ) 31 माचय, 2015
3. सा.का.धन. 695(अ) 15 धसतंबर, 2015
4. सा.का.धन. 639(अ) 29 जून, 2016
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 11th May, 2017
G.S.R. 454(E).—In exercise of the powers conferred by sections 73 and 76 read with sub-section (1) and
sub-section (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the
following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014, namely:—
1. (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2017.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Acceptance of Deposits) Rules, 2014 (hereinafter referred to as the principal rules),—
(a) in rule 2, in sub-rule (1), in clause (c), in sub-clause (xviii), after the words “Domestic Venture Capital Funds”
the words “, Infrastructure Investment Trusts” shall be inserted.
(b) in rule 5, in sub-rule (1), for the proviso, the following proviso shall be substituted, namely:—
“Provided that the companies may accept deposits without deposit insurance contract till the 31st March, 2018 or
till the availability of deposit insurance product, whichever is earlier.”.
[F. No 1/8/2013-CL-V]
AMARDEEP SINGH BHATIA, Jt. Secy.
Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3,
sub-section (i) vide number G.S.R. 256(E), dated the 31st March, 2014 and were subsequently amended as
detailed below:—
Sl. No. Notification Number Date
1. G.S.R. 386(E) 6th June, 2014
2. G.S.R. 241(E) 31st March, 2015
3. G.S.R. 695(E) 15th September, 2015
4. G.S.R. 639(E) 29th June, 2016
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