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Question
Justify the following statement.
The Company Secretary should take certain precautions while corresponding with depositors.
Solution
- Depositors are creditors of the company.
- The company secretary has to correspond with the depositors on various occasions.
- While writing letters, a secretary should provide correct, up-to-date, and factual information to the depositors.
- He should be prompt in replying to any queries or complaints of depositors.
- He should not give out sensitive and confidential information about the company. He should always strive to maintain a good image of the company.
- The secretary should follow the provisions of the Companies Act, 2013, and its latest amendments.
- Most importantly, he must use courteous language during all his correspondence.
- Thus, the company secretary should take certain precautions while corresponding with depositors.
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RELATED QUESTIONS
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A company can accept deposits for the minimum period of ______ months.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
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(Interest, Creditor of the company, 36 months, 6 months)
Answer in one sentence.
Who is depositor?
Arrange in proper order
- Renewal of Deposit
- Acceptance of Deposits
- Deposit Receipt
Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
Explain the following term/concept.
Depositor
Explain the following term/concept.
Deposit Receipt
