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Start learning 50% faster. Sign in nowSection 73. Prohibition on acceptance of deposits from public: (1) On and after the commencement of this Act, no company shall invite, accept or renew deposit under this Act from the public except in a manner provided under this Chapter: Provided that nothing in this sub-section shall apply to a banking company and non-banking financial company as defined in the Reserve Bank of India Act, 1934 (2 of 1934) and to such other company as the Central Government may, after consultation with the Reserve Bank of India, specify in this behalf. Companies (Acceptance of Deposits) Rules, 2014: Rule 2. Definitions: (e) “eligible company” means a public company as referred to in sub-section (1) of section 76, having a net worth of not less than one hundred crore rupees or a turnover of not less than five hundred crore rupees and which has obtained the prior consent of the company in general meeting by means of a special resolution and also filed the said resolution with the Registrar of Companies before making any invitation to the Public for acceptance of deposits:
In an examination the average marks of Rohit is 65. If he got 15 more marks in science and 25 more marks in maths then his average would have been 70. F...
An ODI is played between India and Pakistan. Team India’s average run rate for the first 33 overs was 6.5 runs per over while in the remaining 17 over...
The average expenditure of a man for the first 8 month is Rs.4000 and for the next 4 months is Rs.6000. If he saves 10000 in that year then find his ave...
The average number of books on history, polity and geography in a library is 110, and the average number of books on history and geography is 120. If th...
Average run scored by a batsman in first ‘x’ matches is 77. In next 12 matches he scored runs with an average of 90 so that his overall average incr...
The average weight of 7 boxes P, Q, R, S, T, U and V is 72kg. Another box A is added to group and the average now becomes 70kg. If another box C whose ...
A company produces 3 types of items A, B, and C. The cost of producing A is ₹200, B is ₹300, and C is ₹500. If the company produces 400 units of A...
The average weight of a group of 30 employees is 65 kg. If an additional five employees, each with an average weight of 72 kg, are added to the group, w...
The average age of a group of 20 students is 30 years. Two persons of age 40 years and 35 years, left the group and 2 persons of age 50 years and 65 yea...
The average of the first and second numbers is 45, while the average of the second and third numbers is 55. If the sum of the first and third numbers is...
