(CA Inter)Jan 27/Sep26
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9 As per the provisions of the Companies Act, 2013 and relevant rules thereunder, an eligible company is not permitted to accept from public or renew the same deposits (whether secured or unsecured) which is repayable on demand or in less than months. Further, the maximum
period of acceptance of deposit cannot exceed months. But, for the purpose of meeting any of its short- term requirements of funds, a company may accept or renew deposits for repayment earlier than months subject to certain conditions.
(a) six, thirty six, six
(b) three, twenty four, three
(c) six, sixty, six
(d) three, sixty, six
8 Red Limited is accepting deposits of various tenures from its members from time to time. The current Register of Deposits, maintained at its registered office is complete. State the minimum period for which it should mandatorily be preserved in good o
7 Every company shall pay a penal rate of interest of per annum for the overdue period in case of deposits, whether secured or unsecured, matured and claimed but remaining unpaid:
6 K Limited decides to raise deposits of ₹ 10.00 lakh from its members. However, it proposes to secure such deposits partially by offering a security worth ₹ 5.00 lakh. Which of the following options best describe such deposits:
5 What is the maximum tenure for which a company can accept or renew deposits from its members as well as public?
4 Varsha Limited decides to raise deposits of ` 20.00 lacs from its members. However, it proposes to secure such deposits partially by offering a security worth ` 15.00 lacs. Which of the following options best describe such deposits:
3 Amit Limited is accepting deposits of various tenures from its members from time to time. The current Register of Deposits, maintained at its registered office is complete. State the minimum period for which it should mandatorily be preserved in good
2 A com deposit trust deed at least ----- days before issuing the circular or circular in the
1 No deposits are repayable earlier than from the date of such deposits or renewal thereof.
20 A Public Company cannot issue Equity shares with Differential rights as to dividend.
19 The company will repay the amount of share capital to the holders of shares after the fixed period or even earlier at the discretion of the company is called as..
18 Which rights are attached with Equity shares with Differential rights?
17 1. M/s ABC Pvt. Ltd, is a Private Limited Company is desirous to issue prospectus for inviting the public for subscription of its issue. Can the Company do so?
16 Buy-back with board resolution is allowed, if amount involved is
a. Not exceeding twenty five percent of the total paid-up equity capital and free reserves of the company
b. Not exceeding twenty five percent of the total paid-up equity capital
c. Not exceeding ten percent of the total paid-up equity capital and free reserves of the company
d. Not exceeding ten percent of the total paid-up equity capital
15 DBS Chemicals Limited issue ordinary share of different classes. DBS planned to vary rights of one the class wherein there were only 105 holders. 100 out of 105 holders own 0.5% shares of that class, whereas each of remaining 5 holders hold 10% share
14 Modern Furniture an unlisted company receive a request for issue of duplicate share certificate. Complete documents in this regards submitted with the company on 30th December 2022. Modern furniture shall issue the duplicate share certificates by
