HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Secretarial Practice

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A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.

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Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.

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Minimum tenure of a deposit.

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Maximum tenure of a deposit

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Period within which a company has to create a charge on its tangible assets

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

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Agreement between company and Deposit Trustee.

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Time within which company has to issue deposit Receipt

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Book which contains details of deposits accepted or renewed.

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

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Eligible public company can collect deposits from its members.

Government company can collect deposits from its members.

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A private company can collect deposits from public.

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Deposit can be accepted for a maximum of 36 months.

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Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.

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For secured deposits, company has to create a charge on its tangible assets.

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Deposit Receipt is issued within 21 days of receipt of deposits.

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Company appoints Credit Rating Agency to protect the interest of depositors.

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Deposit Trust Deed is an agreement between company and Deposit Trustee

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