which are inconsistent. Consequently, the provisions of Section 45QA of the Act overrides Section 205C of the Companies Act and the Company will deposit ... provisions of the RBI Act , Section 45QA of the Act does not apply and, hence, Section 205C of the Companies Act, 1956 will be applicable
described in Sub- clause (B) of clause (g) of Sub-section (1) of Section 274 , then the directors of that company shall stand disqualified immediately ... required under Section 205A of Companies Act, 1956 or paid into Investors Education & Protection Fund as required under Section 205C of that Act shall
whole time directors from the existing 2 to 4; to delete the Section relating to the provision of nomination of up to two Directors from ... Investor Education and Protection Fund established by the Central Government under Section 205C of Companies Act, 1956; to enable supersession of the Board of Directors
terms of such deposits.
The Company shall, for the purpose of Section 205C , go by the Scheme sanctioned on 31.03.1999, to determine the due dates