FORM DPT-3 (Return of Deposit)

In this article we discuss about the Form DPT-3.

Rule 16: Return of deposits to be filled with the Registrar

Every company other than Government company to which these rules apply, shall on or before the 30^th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on 31^st day of March of that year duly audited by the auditor of the company.

Explanation:- It is clarified that Form DPT-3 shall be used for filling return of deposit OR particulars of transaction not considered as deposit OR both by every company other than Government company.

Rule 16 (A) (3):-

Every company other than Government company shall file a onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 1^st April, 2014 to the date of publication of this notification in the Official Gazette, as specified in Form DPT-3 within ninety days from the date of said notification along with fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.

Summaries:-

• This Form DPT-3 is to be filled every company other than Government Company.
• This return also called ONETIMERETURN.
• Form DPT-3 used for filling return of deposit OR particulars of transaction not considered as deposit OR both.

Deposit Means {Rule 2 (c)}:-

Deposit include any receipt of money by way deposit or loan or in any other form, but does not include:

• Amount received from the Central Government, State Government etc.
• Amount received from foreign governments/banks etc.
• Amount received as loan from banks, banking companies etc.
• Amount received as loan from Private Financial institutions (PFIs), any regional Financial Institutions or insurance companies or scheduled banks.
• Amount raised through issuance of commercial paper;
• Inter- corporate deposits;
• Amount received as subscription money for securities pending allotment;
• Amount received from directors/ relative of directors in case of a private company;
• Amount raised by issue of secured bonds/ debentures;
• Amount raised through issuance of unsecured listed NCDs;
• Non-interest bearing security deposit received from employees;
• Non-interest bearing amount held in trust;
• Advance from customers;
• Amount brought by the promoters;
• Any amount accepted by a Nidhi;
• Any amount received by way of subscription in respect of a chit;
• Any amount received by the company under any collective investment scheme;
• Amount received by start- up company by way of convertible note;
• Amount received from Alternate Investment Funds (AIFs), venture capital funds (VCFs) real estate investment trusts (REITs) etc.