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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
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Answer in one sentence.
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Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits
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Charge on assets is created when company issues unsecured deposit.
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a. Appoint Deposit Trustee.
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c. Create charge on assets.
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Eligible Public Company
Answer in brief.
State the contents of circular or Advertisement for Deposit
Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.
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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?
