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
maturity amount to the Investor Education and Protection Fund, constituted under Section 205C of the Companies Act, 1956. Hence the present application.
2. According ... date they became due for payment. The explanation to Sub-section (2) of Section 205C clearly provides that no claims shall He against the Fund
debentures to the Investor Education and Protection Fund as specified by Section 205C of the Act vide Challan No. 317/2002-2003 dated 12.9.2002. However ... date they became due for payment. The explanation to Sub-section (2) of Section 205C clearly provides that no claim shall Be against the Fund
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