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

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प्रश्न

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

एक पंक्ति में उत्तर

उत्तर

Company create charge on assets when company wants to issue secured debentures or deposits.

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Terms and Conditions for Acceptance of Deposits
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Deposits - Exercises [पृष्ठ ९१]

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बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 5 Deposits
Exercises | Q 1. H) 5. | पृष्ठ ९१

संबंधित प्रश्न

Write a word or a term or a phrase which can substitute the following statement.
Document issued by a company to invite its members to subscribe for its Deposits.


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


Write a word or a term or a phrase which can substitute the following statement.
Time within which company has to issue deposit Receipt


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.

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.
Company appoints Credit Rating Agency to protect the interest of depositors.


State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee


Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.


Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.


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


Explain the following term/concept.
Secured Deposit


Explain the following term/concept.
Deposit Trustee


Explain the following term/concept.
Charge on tangible assets


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


Find the odd one.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Retained earnings 1 ______
b)  ______ 2 Written communication
c) 36 months 3 ______
d) ______ 4 Charge on assets
e) Cash sales 5 ______

(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)


Arrange in Proper Order:

(a) Payment of Deposits

(b) Deposit Receipt

(c) 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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