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प्रश्न
Answer the following question:
Explain the type of companies that can raise deposits along with the maximum amount they can raise as deposits.
उत्तर
Type of companies that can raise deposits along with the maximum amount they can raise as deposits are as follows:
(a) Private Company:
A private company can accept deposits from its members not exceeding 100% of the aggregate of the paid-up share capital and free reserves.
It can file details of such deposits to the Registrar in such manner as may be specified
(b) Public Company (Other than Eligible Company :
Both public and private companies can accept deposits from members.
A public company can accept deposits up to 25% of the aggregate of paid-up capital, free reserves and securities premium account
Rule 3(4) of Companies (Acceptance of Deposits) Rules, 2014.
For your understanding: Words 'securities premium account' have been inserted w.e.f. 15-9-2015.
(c) Eligible Public Company:
An 'Eligible Company', i.e. company eligible to accept deposits from the public under section 76(1) of Companies Act, 2013, can accept deposits up to 25% of paid-up capital, free reserves, and securities premium account from the public.
In addition, it can accept deposits up to 10% of the aggregate of paid-up share capital, free reserves, and securities premium account from members Rule 3(4) of Companies (Acceptance of Deposits) Rules, 2014.
(d) Government Company: A Government company is eligible to accept deposits under section 76 of Companies Act, 2013.
It can accept deposits up to 35% of paid-up capital, free reserves, and securities premium account from the public.
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संबंधित प्रश्न
Answer in one sentence.
Within what period should a company issue Deposit Receipt?
Select the correct answer from the options given below and rewrite the statement:
Eligible public company and Government Company can collect deposits from _____________.
Deposit can be accepted for a minimum of 6 months and maximum for ____________ months.
Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit
Find the odd one.
Complete the sentence:
A Government company can accept deposits from public not exceeding ____________.
Complete the sentence:
Deposits can be accepted or renewed for a period not less than 6 months and not more than ___________.
Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.
Study the following case/situation and express your opinion.
ABC 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?
Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company accept deposits from it’s members?
Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company issue secured deposits?
Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following.
Does the company need to get shareholders approval for accepting deposits?
Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following.
Does the company have to appoint a Debenture Trustee?
Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following.
Within what period should the company create a charge on it’s assets?
Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
Which document should the company issue to invite deposits?
Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
What is the maximum period for which they can accept deposits?
Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
- Can the company accept deposits from the public?
- Which document should the company issue to invite deposits?
- What is the maximum period for which they can accept deposits
