Gold schemes or business schemes - law accepting deposits from customers

 

1) only public company can accept deposits

2) non-banking finance companies with 2 crore investment can accept...

3) other businesses can accept as an advance for stock to return stock with in 12 months or 365 days.

4) accepting gold as deposit s out of RBI law.. 


https://samistilegal.in/legality-of-gold-deposit-scheme-gold-saving-scheme-under-the-companies-act-2013

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