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प्रश्न
Study the following case/situation and express your opinion.
| Apple Company Ltd. plans to raise funds through Public Deposits. Its net worth is ₹10 Crores. |
- Can they accept deposits from the public?
- Can they accept deposits that mature after 4 years?
- Within what period should the company issue deposit Receipts to its depositors?
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उत्तर
- No, they cannot accept deposits from the public. As per the rule, any public company having a net worth of Rs 100 crore or more can accept deposits from the public. In fact, this company can accept deposits from its members or directors.
- As per the rules, the deposit period should not be less than 6 months and more than 36 months. Thus, they cannot accept deposits that mature after 4 years.
- The company should issue Deposit Receipt to the depositors within twenty-one (21) days from the date of receipt of money or realization of the cheque. The receipt has to be signed by the officer duly authorized by the Board of Directors.
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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?
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..
Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit
Find the odd one.
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 _____________.
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 from its 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.
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?
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.
Explain the type of companies that can raise deposits along with the maximum amount they can raise as deposits.
