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Question
Find the odd one.
Options
Private company
Non-Eligible public company
Government company
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Solution
Government company
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RELATED QUESTIONS
Answer in one sentence.
When does a company create charge on it’s tangible assets?
When should a company file Return of Deposit?
Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.
Write a word or a term or a phrase which can substitute the following statement.
Document issued by a company to invite its members to subscribe for its Deposits.
Write a word or a term or a phrase which can substitute the following statement.
Agreement between company and Deposit Trustee.
Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.
Return of deposit must be filed every year on or before 31st March.
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.
State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee
Find the odd one
Select the correct option from the bracket.
| Group 'A' |
Group 'B' |
|
a) Government Company |
1) ___________________ |
|
b) ___________________ |
2) Deposits from members |
|
c) 36 months |
3) ___________________ |
|
d) ___________________ |
4) Charge on tangible assets |
|
e) Return of deposit |
5) __________________ |
(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of deposits.)
Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.
Arrange in proper order.
a. Appoint Deposit Trustee.
b. Hold General Meeting.
c. Create charge on assets.
Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.
Justify the following statement
While issuing secured deposits, company has to appoint Deposit Trustee.
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
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?
