Dear members,
What is the procedure of filing an application for non-payment of matured deposits by a company (NBFC & non-NB FC) before the Company Law Board?
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[color=#000000]1) Form No. 4 prescribed under the Company Law Board Regulations, 1991 is to be filed in duplicate alongwith photocopy of Fixed Deposit Receipt issued by the company with the Company Law Board Benches at New Delhi/Mumbai / Chenna/Kolkata.[/color]
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[color=darkred][/color] [color=darkred][color=#000000]2) A demand draft of Rs. 50/- duly drawn in favour of ΓÇ£The Pay & Accounts Officer, Department of Company AffairsΓÇ¥ payable at New Delhi/Mumbai / Kolkata / Chennai as the case may be attached with the above said form No. 4.[/color]
[color=#000000]3) Separate Form No. 4 along with demand draft of Rs. 50/- is to be filed by each depositors.[/color]
[color=#000000]4) If a depositor has more than one deposit in his/her name in one company only one form No. 4 is required.[/color]
[color=#000000]5) Jurisdiction of Bench is according to the situation of the registered office of the company and cases will be entertained by Regional Bench in respect of company whose registered office is situate[/color]
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