Study the following case/situation and express your opinion.SUN Pvt. Ltd. company wants to raise funds through deposits.What is the maximum period for which they can accept deposits? - Secretarial Practice

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Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
What is the maximum period for which they can accept deposits?

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Solution

The maximum period of accepting deposits is 36 months. Thus, it can accept deposits for a maximum period of 36 months.

Concept: Procedure for Accepting Deposits from Public

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Chapter 5: Deposits - Exercise Q.3 [Page 92]

Q 4.3 Q 4.2 Q 1

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board

Chapter 5 Deposits
Exercise Q.3 | Q 4.3 | Page 92

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Study the following case/situation and express your opinion.SUN Pvt. Ltd. company wants to raise funds through deposits.What is the maximum period for which they can accept deposits? - Secretarial Practice

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