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(2) All private company should divulge within the statement of finance, as a result of cards, regarding the money obtained from the directors, or members of the family from directors. Disclosures on the financial statement.- (1) The company, besides a private business, should divulge in statement of finance, thanks to cards, concerning the money acquired in the movie director. (2) The fresh receipt referred to inside the sub-rule (1) will likely be signed from the an officer of one’s organization properly authorised by the Panel within this part and you may shall condition the brand new time away from deposit, the name and you can target of your depositor, the total amount gotten because of the company since the deposit, the rate of interest payable on that and also the go out on which the fresh put is repayable. Furnishing away from put receipts so you can depositors.– (1) All organization should, on the welcome or revival away from in initial deposit, present to the depositor or their broker a receipt to your number obtained because of the team, in this a period of 21 years old weeks on the date out of bill of cash otherwise realisation of cheque otherwise time out of renewal. (a) ensure that the property of the business on which fees are composed with all the amount of deposit insurance rates is sufficient to protection the new installment of one’s prominent amount of secure dumps a fantastic and you may focus accrued thereon;

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