Amendment status not verified — confirm the current text below against the official source.
Every Financial Establishment shall submit to the competent Authority half yearly returns as on 3151 March and 30lh September in the proforma as may be prescribed, so as to reach it not later than15 (fifteen) days thereafter. The proforma shall include year, information regarding the total amount of deposits as on the first day of the half the total amount of deposits collected during the half year, total maturity amount that became due for repayment but remained unpaid at the close of the previous half year, total maturity amount that became due during the half year and the amount paid there-from, grand total of maturity amounts that remained unpaid at the close of the financial year, and the reasons for non-payment of the outstanding maturity amount.