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Study the following case/situation and express your opinion.SUN Pvt. Ltd. company wants to raise funds through deposits.Which document should the company issue to invite deposits? - Secretarial Practice

One Line Answer

Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
Which document should the company issue to invite deposits?

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Solution

In the above case, SUN Pvt. Ltd. is a private limited company. Thus, it should issue a circular to invite deposits from its members.

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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 5 Deposits
Exercise Q.3 | Q 4.2 | Page 92
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