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Answer in one sentence.When does a company create charge on it’s tangible assets? - Secretarial Practice

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प्रश्न

Answer in one sentence.
When does a company create charge on it’s tangible assets?

एक पंक्ति में उत्तर
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उत्तर

Company create charge on assets when company wants to issue secured debentures or deposits.

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Terms and Conditions for Acceptance of Deposits
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अध्याय 5: Deposits - Exercises [पृष्ठ ९१]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 5 Deposits
Exercises | Q 1. H) 5. | पृष्ठ ९१

संबंधित प्रश्न

When should a company file Return of Deposit? 


Write a word or a term or a phrase which can substitute the following statement.
Document issued by a company to invite its members to subscribe for its Deposits.


Write a word or a term or a phrase which can substitute the following statement.

Agreement between company and Deposit Trustee.


Government company can collect deposits from its members.


State whether the following statement is true or false.

Deposit can be accepted for a maximum of 36 months.


State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee


Find the odd one.


Find the odd one


Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.


Select the correct option from the bracket.

Group 'A'

Group 'B'

a) Government Company

1) ___________________

b) ___________________

2) Deposits from members

c) 36 months

3) ___________________

d) ___________________

4) Charge on tangible assets

e) Return of deposit

5)   __________________

(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of deposits.)


Arrange in proper order.
a. Appoint Deposit Trustee.
b. Hold General Meeting.
c. Create charge on assets.


Explain the following term/concept.
Tenure of Deposit


Explain the following term/concept.
Charge on tangible assets


Answer in brief.
State the contents of circular or Advertisement for Deposit


Answer in brief.
State the provisions regarding appointment of Deposit Trustee.


Justify the following statement.

Companies have to create a charge on their tangible assets while issuing secured deposits.


Find the odd one.


Give one word or phrase for the following sentence:

Type of company that can accept deposits only from its members or directors.


Arrange in Proper Order:

(a) Payment of Deposits

(b) Deposit Receipt

(c) Acceptance of Deposit


Study the following case/situation and express your opinion.

CC 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 secure deposits?

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