NDH-1 vs NDH-2: Public Company Deposits Compliance

Public companies (and certain private companies specified in the rules) accepting deposits from members must file annual returns of deposits in Form DPT-3. NDH-1 is the one-time return for outstanding deposits as on the date of commencement of the Companies (Acceptance of Deposits) Amendment Rules. NDH-2 is the half-yearly return (every October and April) for the period ending September 30 and March 31 respectively. Private companies are generally exempt from these filings unless they accept deposits from the public (more than 50 persons).