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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 advice its Board on the following.
Does the company need to get shareholders approval for accepting deposits?
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उत्तर
Yes. The company needs to get shareholders' approval for accepting deposits. For this, the Board of Directors can pass a resolution in a general meeting for the approval of accepting deposits
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संबंधित प्रश्न
Answer in one sentence.
What is the maximum deposit the Government company can collect?
Select the correct answer from the options given below and rewrite the statement:
Eligible public company and Government Company can collect deposits from _____________.
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..
Company has to appoint ______ to protect the interest of depositors.
Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit
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 |
Find the odd one.
Complete the sentence:
A Government company can accept deposits from public not exceeding ____________.
Correct the underlined word and rewrite the following sentence.
Government Company can accept deposit from members.
Arrange in proper order:
(a) File Return of deposit
(b) Issue Deposit Receipt
(c) Issue advertisement.
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.
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?
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?
Explain the type of companies that can raise deposits along with the maximum amount they can raise as 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?
