Question
A company can invite, accept or renew deposit as per
section 73 of the Companies Act if it is a_______________Solution
Section 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:
Which one of the following is not the component of PMKSY
Indian Vice-President:
1. Is India's second highest prestigious office bearer.
2. Does not have any informal work (responsibility) related...
Circuit breaker is a set of rules formed and issued by SEBI in order to bring back normalcy in the stock markets in the event an index or stock enters ...
How many operational factories were reported in India’s organized manufacturing sector in FY23 according to the ASI?
Consider the following statements:
(I) Mohiniyattam is a classical dance form of Kerala.
(II) Kalamandalam Kalyanikutty Amma is considered...
Consider the following statement connected with Alauddin Khalji :
Where is the International Development Association (IDA) headquartered?
मानव शरीर की कौन सी हड्डी सबसे लंबी होती है ?
Where is the Indira Gandhi National Centre for the Arts (IGNCA) located?
Match List-I with List-II and choose the correct answer from the codes given below: