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Question
State whether the following statement is true or false.
Deposit Receipt is issued within 21 days of receipt of deposits.
Options
True
False
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Solution
True
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Answer in brief.
State the contents of circular or Advertisement for Deposit
Find the odd one.
Give one word or phrase for the following sentence:
Type of company that can accept deposits only from its members or directors.
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?
