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[Cites 0, Cited by 0] [Section 245(3)] [Section 245] [Entire Act]

Union of India - Subsection

Section 245(3)(ii) in The Companies Act, 2013

(ii)The requisite number of depositors provided in sub-section (1) shall not be less than one hundred depositors or not less than such percentage of the total number of depositors as may be prescribed, whichever is less, or any depositor or depositors to whom the company owes such percentage of total deposits of the company as may be prescribed.