Please select a subject first
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Company can accept deposits from public, minimum for ______ months.
Concept: Sources of Borrowed Capital >> Acceptance of Deposits
Answer in one sentence.
Which companies can accept deposits from the public?
Concept: Procedure for Accepting Deposits from Public
Answer in one sentence.
What is Deposit Trust Deed?
Concept: Sources of Borrowed Capital >> Acceptance of Deposits
Company has to appoint ______ to protect the interest of depositors.
Concept: Procedure for Accepting Deposits from Public
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.
Concept: Terms and Conditions for Acceptance of Deposits
Write a word or a term or a phrase which can substitute the following statement.
Minimum tenure of a deposit.
Concept: Terms and Conditions for Acceptance of Deposits
Write a word or a term or a phrase which can substitute the following statement.
Agreement between company and Deposit Trustee.
Concept: Terms and Conditions for Acceptance of Deposits
Return of deposit must be filed every year on or before 31st March.
Concept: Terms and Conditions for Acceptance of Deposits
Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.
Concept: Procedure for Accepting Deposits from Public
Explain the following term/concept.
Eligible Public Company
Concept: Terms and Conditions for Acceptance of Deposits
Explain the following term/concept.
Credit Rating
Concept: Terms and Conditions for Acceptance of Deposits
Explain the following term/concept.
Deposit Receipt
Concept: Sources of Borrowed Capital >> Acceptance of Deposits
Justify the following statement.
Company has to fulfill certain provisions related to issue of circular or advertisement.
Concept: Terms and Conditions for Acceptance of Deposits
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
Concept: Terms and Conditions for Acceptance of Deposits
Company issues ____________ to invite its members to subscribe for its deposit scheme.
Concept: Procedure for Accepting Deposit from Members
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | ______ |
| b) | ______ | 2 | Written communication |
| c) | 36 months | 3 | ______ |
| d) | ______ | 4 | Charge on assets |
| e) | Cash sales | 5 | ______ |
(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)
Concept: Terms and Conditions for Acceptance of 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.
- Does the company need to get shareholders’ approval for accepting deposits?
- Does the company have to appoint a Debenture Trustee?
- Within what period should the company create a charge on its assets?
Concept: Procedure for Accepting Deposits from Public
State whether the following statement is True or False.
The deposit can be accepted for a maximum of 6 months.
Concept: Sources of Borrowed Capital >> Acceptance of Deposits
Explain the following term/concept in detail:
Net Worth
Concept: Sources of Borrowed Capital >> Acceptance of Deposits
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. |
- Can the company accept deposits in joint names?
- Can the company accept deposits from its members?
- Can the company issue secure deposits?
Concept: Terms and Conditions for Acceptance of Deposits
