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Study the following case/situation and express your opinion. Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. - Secretarial Practice

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प्रश्न

Study the following case/situation and express your opinion.

Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following.

Does the company need to get shareholders approval for accepting deposits?

मामले का अध्ययन
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उत्तर

Yes. The company needs to get shareholders' approval for accepting deposits. For this, the Board of Directors can pass a resolution in a general meeting for the approval of accepting deposits

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Procedure for Accepting Deposits from Public
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Deposits - Exercises [पृष्ठ ९२]

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

संबंधित प्रश्न

Answer in one sentence.
Which companies can accept deposits from the public?


Deposit can be accepted for a minimum of 6 months and a maximum for ______ months.


Company has to appoint ______ to protect the interest of depositors.


Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit


Complete the sentence:
A Government company can accept deposits from public not exceeding ____________.


Complete the sentence:
Deposits can be accepted or renewed for a period not less than 6 months and not more than ___________.


Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.


Correct the underlined word and rewrite the following sentence.
Government Company can accept deposit from members.


Arrange in proper order:

(a) File Return of deposit

(b) Issue Deposit Receipt

(c) Issue advertisement.


Study the following case/situation and express your opinion.

Apple Company Ltd. plans to raise funds through Public Deposits. Its net worth is ₹10 Crores.
  1. Can they accept deposits from the public?
  2. Can they accept deposits that mature after 4 years?
  3. Within what period should the company issue deposit Receipts to its depositors?

Study the following case/situation and express your opinion.

ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.

Can the company issue secured deposits?


Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following. 
Does the company have to appoint a Debenture Trustee?


Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
Which document should the company issue to invite deposits?


Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
What is the maximum period for which they can accept deposits?


State the amount of deposits that different types of companies can collect by way of deposits.


Explain the type of companies that can raise deposits along with the maximum amount they can raise as deposits.


Study the following case/situation and express your opinion.

Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advise its Board on the following.

  1. Does the company need to get shareholders’ approval for accepting deposits?
  2. Does the company have to appoint a Debenture Trustee? 
  3. Within what period should the company create a charge on its assets?

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