हिंदी

Explain the following term/concept.Eligible Public Company

Advertisements
Advertisements

प्रश्न

Explain the following term/concept.
Eligible Public Company

टिप्पणी लिखिए
Advertisements

उत्तर

(1) Eligible public company can accept deposits from members and the public.
(2) Eligible company under section 76(1) of Companies Act, 2013 means:
A company having net worth* of not less than Rs one hundred crores or
Turnover* of not less than Rs five hundred crores.

(3) Eligible public company means a company having: 

  1. A net worth of not less than ` 100 crores or,
  2. Turnover of not less than ` 500 crores and which has obtained prior approval of its shareholders through special resolution for accepting public deposits.
shaalaa.com
Terms and Conditions for Acceptance of Deposits
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Deposits - Exercises [पृष्ठ ९१]

संबंधित प्रश्न

When should a company file Return of Deposit? 


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


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


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.

Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.


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.


State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.


Find the odd one


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


Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.


Explain the following term/concept.
Deposit Insurance


Explain the following term/concept.
Credit Rating


State any four terms and conditions regarding acceptance of deposit.


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


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×