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प्रश्न
Explain the following term/concept.
Eligible Public Company
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उत्तर
(1) Eligible public company can accept deposits from members and the public.
(2) Eligible company under section 76(1) of Companies Act, 2013 means:
A company having net worth* of not less than Rs one hundred crores or
Turnover* of not less than Rs five hundred crores.
(3) Eligible public company means a company having:
- A net worth of not less than ` 100 crores or,
- Turnover of not less than ` 500 crores and which has obtained prior approval of its shareholders through special resolution for accepting public deposits.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.
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.
Write a word or a term or a phrase which can substitute the following statement.
Minimum tenure of a deposit.
Write a word or a term or a phrase which can substitute the following statement.
Time within which company has to issue deposit Receipt
Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.
Government company can collect deposits from its members.
State whether the following statement is true or false.
A private company can collect deposits from public.
State whether the following statement is true or false.
Deposit Receipt is issued within 21 days of receipt of deposits.
State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.
Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.
Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.
Explain the following term/concept.
Charge on tangible assets
Answer in brief.
State the contents of circular or Advertisement for Deposit
Answer in brief.
State the provisions regarding appointment of Deposit Trustee.
Justify the following statement.
Company has to fulfill certain provisions related to issue of circular or advertisement.
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
Arrange in Proper Order:
(a) Payment of Deposits
(b) Deposit Receipt
(c) Acceptance of Deposit
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?
