Procedure for Accepting Deposit from Members

Company issues ____________ to invite its members to subscribe for its deposit scheme.

Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.

Study the following case/situation and express your opinion.

ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.

1. Can the company accept deposits in joint names?
2. Can the company accept deposits from its members? 
3. Can the company issue secured deposits?

Select the correct answer from the options given below and rewrite the statement:
Private company can accept deposits from its member or Directors upto not more than ___________ % of its aggregate of paid-up share Capital and free reserves.

Write a word or a term or a phrase which can substitute the following statement.
A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.

Complete the sentence:
To invite the public to subscribe for its deposits, a company issues __________________.