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Question
Answer in one sentence.
When does a company create charge on it’s tangible assets?
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Solution
Company create charge on assets when company wants to issue secured debentures or deposits.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.
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Company appoints Credit Rating Agency to protect the interest of Depositors.
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State the contents of circular or Advertisement for Deposit
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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?
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