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Justify the following statement. Company has to fulfill certain provisions related to issue of circular or advertisement. - Secretarial Practice

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प्रश्न

Justify the following statement.

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

औचित्य
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उत्तर

  1. If a company invites deposits from its members, it issues a circular. But if it invites deposits from the public, the company has to issue an advertisement.
  2. The company has to file a copy of the circular or advertisement with the Registrar of Companies.
  3. The company can issue a circular or advertisement only after 30 days of filing a copy of the circular or advertisement with the Registrar of Company (ROC).
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Terms and Conditions for Acceptance of Deposits
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अध्याय 5: Deposits - Exercises [पृष्ठ ९२]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 5 Deposits
Exercises | Q 5. 3. | पृष्ठ ९२

संबंधित प्रश्न

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.
Minimum 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.
Document issued by a company to invite its members to subscribe for its Deposits.


Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.


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


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.
Charge on assets is created when company issues unsecured deposit.


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


Explain the following term/concept.
Eligible Public Company


Explain the following term/concept.
Tenure of Deposit


Explain the following term/concept.

Deposit Repayment Reserve Account.


Answer in brief.
State the contents of circular or Advertisement for Deposit


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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