From Annual report:
1. Company has accepted deposit from relatives of Director& Associate Enterprise amounting to Rs. 487.00 Lacs in contravention with the provision of Section 73 to 76 of the Companies Act, 2013. The same has been fully repaid within the current year and the outstanding balance as on 31st March 2015 is Rs. NIL
Why would the company not be complying with requirements of Companies Act and RBI rules for accepting deposits?
2. The Company has appointed Company Secretary on 30th March 2015 and could not complete the formalities of her appointment as she left the services effective from 8th April 2015.
Does it mean the Company secretary left the job in 9 days?
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