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[Cites 0, Cited by 0] [Section 58AA] [Entire Act]

Union of India - Subsection

Section 58AA(11) in The Companies Act, 1956

(11)The provisions of section 58-A shall, as far as may be, apply to the deposits made by a small depositor under this section.Explanation .-For the purposes of this section, "a small depositor" means a depositor who has deposited in a financial year a sum not exceeding twenty thousand rupees in a company and includes his successors, nominees and legal representatives.