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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
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
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? 


Answer in one sentence.
What is Deposit Repayment Reserve Account?


Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.


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.


State whether the following statement is true or false.
Eligible public company can collect deposits from its members.


State whether the following statement is true or false.

A private company can collect deposits from public.


State whether the following statement is true or false.

For secured deposits, company has to create a charge on its tangible assets.


State whether the following statement is true or false.

Deposit Receipt is issued within 21 days of receipt of deposits.


Find the odd one.


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.)


Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.


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


Explain the following term/concept.
Deposit Trustee


Explain the following term/concept.
Charge on tangible assets


Explain the following term/concept.

Deposit Repayment Reserve Account.


State any four terms and conditions regarding acceptance of deposit.


Justify the following statement.

Company has to fulfill certain provisions related to issue of circular or advertisement.


Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.


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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