Advertisements
Advertisements
Question
Justify the following statement.
The Company Secretary should take certain precautions while corresponding with depositors.
Advertisements
Solution
- Depositors are creditors of the company.
- The company secretary has to correspond with the depositors on various occasions.
- While writing letters, a secretary should provide correct, up-to-date, and factual information to the depositors.
- He should be prompt in replying to any queries or complaints of depositors.
- He should not give out sensitive and confidential information about the company. He should always strive to maintain a good image of the company.
- The secretary should follow the provisions of the Companies Act, 2013, and its latest amendments.
- Most importantly, he must use courteous language in all his correspondence.
- Thus, the company secretary should take certain precautions while corresponding with depositors.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Rate of interest on deposits is ______.
Select the correct answer from the options given below and rewrite the statement.
The return or income for the investment of money on deposits is called ______.
Write a word or a term or a phrase which can substitute the following statement.
Instrument for payment of interest on deposit.
Write a word or a term or a phrase which can substitute the following statement.
An acknowledgement of the fixed deposit accepted by a company.
Write a word or a term or a phrase which can substitute the following statement.
Maximum period of deposits.
State whether the following statement is true or false.
Fixed Deposit holder is creditor of the company.
State whether the following statement is true or false.
Deposits are invited by the company without issuing statutory advertisement.
State whether the following statement is true or false.
A Private Company cannot accept the deposits from the general public.
Complete the sentence.
Depositors are the ______ of the company.
Complete the sentence.
The ______ must be cautious and careful while writing letters to the depositors.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Depositor | 1) ____________ |
| b) Return on Deposits | 2) ____________ |
| c) ______________ | 3) Maximum Period of Deposits |
| d) Minimum Period of Deposits | 4) ____________ |
(Interest, Creditor of the company, 36 months, 6 months)
Answer in one sentence.
Who is depositor?
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Deposit is a long term source of capital.
Explain the following term/concept.
Depositor
Explain the following term/concept.
Deposit Receipt
Answer in brief.
What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.
