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प्रश्न
Justify the following statement
All companies cannot accept deposits from public.
उत्तर
- Eligible Public company, having a net worth of around Rs 100 crores or more or turnover of Rs 500 crores can only accept deposits from the public. Government companies can also accept deposits from the public.
- Whereas, Public company can accept deposits from its members or directors only. A private company can accept deposits from its members, directors or relatives of directors only.
- An eligible public company can invite or accept deposits from the public only after the publication of an advertisement.
- Advertisement inviting deposits must be published in English and vernacular language. The advertisement has to be signed by majority of directors or their authorized agents. Thus, all companies cannot accept deposit from public.
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संबंधित प्रश्न
Company can accept deposits from public, minimum for ______ months.
Select the correct answer from the options given below and rewrite the statement.
Company can accept deposits from public, maximum for ______ months.
Answer in one sentence.
Who are Deposit Trustees?
Answer in one sentence.
What is Deposit Trust Deed?
Write a word or a term or a phrase which can substitute the following statement.
Money raised by company from public for minimum 6 months to maximum 36 months.
Answer in brief.
What is public deposit?
Justify the following statement.
Public deposit is good source of short term financing.
Select the correct answer from the options given below and rewrite the statement:
Company can issue circular or advertisement for inviting deposits after _________ days of filing it with Registrar of Companies.
Select the correct answer from the options given below and rewrite the statement:
Charge on assets is to be created when a company issues ______________.
Complete the sentence:
Deposit is a type of _____________ term loan.
Complete the sentence:
Eligible Public company and Govt. Company can accept deposits from ______________.
Complete the sentence:
To collect deposits from public, Eligible public company must have a net worth of not less than ___________
Complete the sentence:
Premature repayment of deposits can be done by a company but not before _____________.
Correct the underlined word and rewrite the following sentence.
Deposit Receipt is issued within seven days from date of receipt of deposits
Correct the underlined word and rewrite the following sentence.
Register of deposits is to be filed with the Registrar of companies on or before 30th June every year.
Explain the following term/concept.
Deposit Receipt
Explain the following term/concept.
Return of Deposit
State whether the following statement is True or False.
The deposit can be accepted for a maximum of 6 months.
Explain the following term/concept in detail:
Net Worth
Find the odd one.
Government companies can accept deposits from members.
