हिंदी

Explain the following term/concept.Deposit Trustee

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प्रश्न

Explain the following term/concept.
Deposit Trustee

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उत्तर

(1) Every company inviting deposits under section 73, of Companies Act 2013, shall appoint deposit trustees for creating security for its deposits, which shall be mentioned on the circular. Written consent shall be obtained from the trustee before their appointment.
(2) A deposit trust deed has to be signed at least 7 days before the issue of the circular. Deposit trustees cannot be removed after the issue of circular / advertisement and before the expiry of his term except with unanimous consent of all directors present at the meeting of the Board, which shall include an independent director if any.

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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 2. 4. | पृष्ठ ९१

संबंधित प्रश्न

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


Return of deposit must be filed every year on or before ______.


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.


Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit


Write a word or a term or a phrase which can substitute the following statement.
Period within which a company has to create a charge on its tangible assets


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

Agreement between company and Deposit Trustee.


Return of deposit must be filed every year on or before 31st March.


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


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.


Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.


Explain the following term/concept.
Tenure of Deposit


Explain the following term/concept.

Secured Deposit


Explain the following term/concept.
Charge on tangible assets


Explain the following term/concept.
Credit Rating


Justify the following statement.

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


Justify the following statement.

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


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