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Question
Company issues ____________ to invite its members to subscribe for its deposit scheme.
Options
Advertisement
Circular
Newspaper
MCQ
Fill in the Blanks
Solution
Company issues circular to invite its members to subscribe for its deposit scheme.
shaalaa.com
Procedure for Accepting Deposit from Members
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Chapter 5: Deposits - Exercises [Page 88]
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
Private company can accept deposits from its member or Directors upto not more than ___________ % of its aggregate of paid-up share Capital and free reserves.
Complete the sentence:
To invite the public to subscribe for its deposits, a company issues __________________.
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?
- Can the company accept deposits from its members?
- Can the company issue secure deposits?
