Elucidate the mode in which the Newspaper Advertisements are required to be given/ published by the private companies under the provision of Companies Act, 2013 in respect of the following purpose : Acceptance of Deposit

The mode in which the Newspaper Advertisements required to be given/ published by the private companies under the provision of Companies Act, 2013 is as follows: A) Acceptance of Deposits [Section 73(2)(a) of the Companies Act, 2013 read with Rule 4(1) of the Companies (Acceptance of Deposits) Rules, 2014]: Circular in Form DPT-1 may be published in English language in an English newspaper and in vernacular language in a vernacular newspaper having wide circulation in the State in which the registered office of the company is situated. In case of private company Clause (a) to (e) of Sub- section 2 of Section 73 shall not apply to Private Companies which accepts from its members monies not exceeding one hundred percent, of aggregate of the paid-up share capital and free reserves, and such company shall file the details of monies so accepted to the Registrar in such manner as may be specified. (Notification dated 5th June, 2015)