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Write a word or a term or a phrase which can substitute the following statement. Agreement between company and Deposit Trustee.

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Question

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

Agreement between company and Deposit Trustee.

One Word/Term Answer
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Solution

Deposit Trust Deed

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

RELATED QUESTIONS

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


Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.


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.
Minimum tenure of a deposit.


Return of deposit must be filed every year on or before 31st March.


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.

Deposit can be accepted for a maximum of 36 months.


State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.


Select the correct option from the bracket.

Group 'A'

Group 'B'

a) Government Company

1) ___________________

b) ___________________

2) Deposits from members

c) 36 months

3) ___________________

d) ___________________

4) Charge on tangible assets

e) Return of deposit

5)   __________________

(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of deposits.)


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


Explain the following term/concept.

Secured Deposit


Explain the following term/concept.
Deposit Trustee


Explain the following term/concept.
Deposit Insurance


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


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


State any four terms and conditions regarding acceptance of deposit.


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.
  1. Can the company accept deposits in joint names?
  2. Can the company accept deposits from its members?
  3. Can the company issue secure deposits?

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