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प्रश्न
Explain the following term/concept.
Tenure of Deposit
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उत्तर
(1) Deposits can be accepted for a minimum period of 6 months and a maximum period of 36 months.
(2) However, for short term requirements, deposits up to 10% of the aggregate paid-up capital, free reserves, and securities premium account can be accepted for a period of less than six months but not less than three months Rule 3(2) of Companies (Acceptance of Deposits) Rules, 2014.
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संबंधित प्रश्न
When should a company file Return of Deposit?
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Book which contains details of deposits accepted or renewed.
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Charge on assets is created when company issues unsecured deposit.
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Secured Deposit
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Arrange in Proper Order:
(a) Payment of Deposits
(b) Deposit Receipt
(c) Acceptance of Deposit
