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प्रश्न
Explain the type of companies that can raise deposits along with the maximum amount they can raise as deposits.
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उत्तर
According to the Companies Act, 2013, four types of companies can raise deposits within specified limits. A private company can accept deposits from its members, directors, or their relatives up to 100% of paid-up share capital and free reserves. A public company (other than an eligible public company) can accept deposits from its members up to 35% of paid-up share capital and free reserves. An eligible public company can accept deposits from members up to 10% and from the public up to 25% of paid-up share capital and free reserves. A government company can accept deposits from the public up to 35% of its paid-up share capital and free reserves.
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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?
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..
Match the pairs.
|
Group 'A' |
Group 'B' |
|
a) Private Company |
10% of aggregate of paid-up share Capital + free reserves |
|
b) Deposit Trust Deed |
Signed at least 7 days before issuing advertisement |
|
c) Secured Deposit |
Maximum 30 months |
|
d) Tenure of deposit |
Charge on tangible assets |
|
e) Return of Deposit |
100% aggregate of paid-up share capital + free reserves |
|
File on or before 31st March every year |
|
|
Signed 21 days after issuing advertisement |
|
|
Maximum 36 months |
|
|
Charge on intangible assets |
|
|
File on or before 30th June every year |
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 ___________.
Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.
Study the following case/situation and express your opinion.
ABC 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?
Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company accept deposits from it’s members?
Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company issue secured 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 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 advice 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.
What is the maximum period for which they can accept deposits?
Study the following case/situation and express your opinion:
ABC Limited a registered company has a clause of accepting deposits from the General Public in a Memorandum of association.
- Management has not passed a resolution in the board meeting for accepting deposits.
- Shareholder has not accepted the resolution and still company receives a deposit from general public.
