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प्रश्न
Explain the following term/concept.
Deposit Insurance
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उत्तर
(1) The company enters into an agreement with the Insurance Company for taking Deposit Insurance. A company needs to take Deposit Insurance at least 30 days before the date of the circular/advertisement or its renewal.
(2) Insurance is to be taken if the amount of deposit plus interest is up to 20,000.
Insurance above 20,000 per depositor Rs 20,000 insurance.
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संबंधित प्रश्न
Answer in one sentence.
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Answer in one sentence.
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Minimum tenure of a deposit.
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Book which contains details of deposits accepted or renewed.
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Eligible public company can collect deposits from its members.
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Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.
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Correct the underlined word and rewrite the following sentence.
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Company appoints Credit Rating Agency to protect the interest of Depositors.
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State any four terms and conditions regarding acceptance of deposit.
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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. |
- Can the company accept deposits in joint names?
- Can the company accept deposits from its members?
- Can the company issue secure deposits?
