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Return of deposit must be filed every year on or before ______. - Secretarial Practice

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Question

Return of deposit must be filed every year on or before ______.

Options

  • 30th June

  • 31st March

  • 30th April

MCQ
Fill in the Blanks
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Solution

Return of deposit must be filed every year on or before 30th June.

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Terms and Conditions for Acceptance of Deposits
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Chapter 5: Deposits - Exercises [Page 89]

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? 


Answer in one sentence.
What is Deposit Repayment Reserve Account?


Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.


Write a word or a term or a phrase which can substitute the following statement.
A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.


Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.


Write a word or a term or a phrase which can substitute the following statement.

Agreement between company and Deposit Trustee.


State whether the following statement is true or false.
Eligible public company can collect deposits from its members.


Government company can collect deposits from its members.


State whether the following statement is true or false.

A private company can collect deposits from public.


State whether the following statement is true or false.

Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.


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.
Deposit Trust Deed is an agreement between company and Deposit Trustee


Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.


Explain the following term/concept.
Tenure of Deposit


Answer in brief.
State the contents of circular or Advertisement for Deposit


Answer in brief.
State the provisions regarding appointment of Deposit Trustee.


Justify the following statement.

Company has to fulfill certain provisions related to issue of circular or advertisement.


Justify the following statement.

Companies have to create a charge on their tangible assets while issuing secured deposits.


Arrange in Proper Order:

(a) Payment of Deposits

(b) Deposit Receipt

(c) Acceptance of Deposit


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