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
Depositors are ______ of a company.
Select the correct answer from the options given below and rewrite the statement.
Depositors provide ______ Capital to the company.
A Company cannot accept deposit for more than ______ months.
Select the correct answer from the options given below and rewrite the statement.
A company cannot accept deposit for less than ______ months.
Select the correct answer from the options given below and rewrite the statement.
Deposits are ______ loans of the company.
Select the correct answer from the options given below and rewrite the statement.
Public Deposits are accepted to meet the requirement of ______ Capital.
Write a word or a term or a phrase which can substitute the following statement.
Return on investment 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.
A Private Company cannot accept the deposits from the general public.
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?
Answer in one sentence.
What is Interest Warrant?
Correct the underlined word and rewrite the following sentence.
Deposits are the internal source of financing.
Explain the following term/concept.
Depositor
Explain the following term/concept.
Interest on Deposit
