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Question
Write a word or a term or a phrase which can substitute the following statement.
Time within which company has to issue deposit Receipt
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Solution
Within 21 days from date of receipt of deposit
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RELATED QUESTIONS
Answer in one sentence.
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Period within which a company has to create a charge on its tangible assets
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Agreement between company and Deposit Trustee.
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A private company can collect deposits from public.
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Agency which gives ratings of the deposits of a company is called ______________.
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Account which is used only for repaying deposits is called ______.
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.
Company appoints Credit Rating Agency to protect the interest of Depositors.
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Minimum tenure of deposit is 36 months.
Explain the following term/concept.
Eligible Public Company
Answer in brief.
State the contents of circular or Advertisement for Deposit
Justify the following statement.
Company has to fulfill certain provisions related to issue of circular or advertisement.
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
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?
