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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 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?
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उत्तर
- Yes, Apple Company Ltd. needs to get the shareholders’ approval for accepting deposits. The company holds a General Meeting of the shareholders to seek their approval.
- No, the company need not appoint debenture trustee. However, when issuing secured deposits, eligible companies and public companies have to appoint one or more deposit trustees. The trustees protect the interest of the depositors.
- The company has to create a charge on its tangible assets within 30 days of acceptance of deposits. The charge is created for an amount not less than the amount of deposit accepted.
संबंधित प्रश्न
Answer in one sentence.
Which companies can accept deposits from the public?
Answer in one sentence.
What is the maximum deposit the Government company can collect?
Answer in one sentence.
Within what period should a company issue Deposit Receipt?
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.
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 ___________.
Correct the underlined word and rewrite the following sentence.
Government Company can accept deposit from members.
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?
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 have to appoint a Debenture Trustee?
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.
Within what period should the company create a charge on it’s assets?
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?
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.
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?
- Which document should the company issue to invite deposits?
- What is the maximum period for which they can accept deposits
