हिंदी

SUN Pvt. Ltd. company wants to raise funds through deposits. Can the company accept deposits from the public? Which document should the company issue to invite deposits - Secretarial Practice

Advertisements
Advertisements

प्रश्न

Study the following case/situation and express your opinion.

SUN Pvt. Ltd. company wants to raise funds through deposits.

  1. Can the company accept deposits from the public?
  2. Which document should the company issue to invite deposits? 
  3. What is the maximum period for which they can accept deposits
संक्षेप में उत्तर
Advertisements

उत्तर

  1. No, the company cannot accept deposits from the public. This is because SUN Pvt. Ltd. is a private limited company and it cannot accept deposits from the public. Only eligible public companies and government companies can accept deposits from the public.
  2. In the above case, SUN Pvt. Ltd. is a private limited company. Thus, it should issue a circular to invite deposits from its members.
  3. The maximum period of accepting deposits is 36 months. Thus, it can accept deposits for a maximum period of 36 months.
shaalaa.com
Procedure for Accepting Deposits from Public
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Deposits - Study the following case/situation and express your opinion

APPEARS IN

एससीईआरटी महाराष्ट्र Secretarial Practice [English] 12 Standard HSC
अध्याय 5 Deposits
Study the following case/situation and express your opinion | Q 3

संबंधित प्रश्न

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


Answer in one sentence.
Within what period should a company issue Deposit Receipt?


Select the correct answer from the options given below and rewrite the statement:
Eligible public company and Government Company can collect deposits from _____________.


Select the correct answer from the options given below and rewrite the statement:
A __________ Company can accept deposits from public not exceeding 35% of its paid-up share Capital and free reserves..


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


Find the odd one.


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


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.
SUN Pvt. Ltd. company wants to raise funds through deposits.
Can the company accept deposits from the public?


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.


Justify the following statement:

There is a limit or restriction on the amount that a company can collect as deposits.


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


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×