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Question
Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits
Solution
Company issues circular to invite its members for subscribing to its deposits
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Answer in brief.
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Company has to fulfill certain provisions related to issue of circular or advertisement.
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While issuing secured deposits, company has to appoint Deposit Trustee.
Give one word or phrase for the following sentence:
Type of company that can accept deposits only from its members or directors.