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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

Answer in one sentence.
When does a company create charge on it’s tangible assets?


When should a company file Return of Deposit? 


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


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For premature repayment of deposit, company deducts __________ % of interest.


Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit


Write a word or a term or a phrase which can substitute the following statement.
Period within which a company has to create a charge on its tangible assets


Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.


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.


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.)


Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits


Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.


Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.


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


Explain the following term/concept.

Secured Deposit


Explain the following term/concept.
Charge on tangible assets


Explain the following term/concept.
Credit Rating


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.
  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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