Start learning 50% faster. Sign in now
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:
If it rains a dealer in raincoats can earn Rs. 400 per day. If it is a fair day he loses Rs. 80 per day. What is his expectation if the probab...
The government provides public goods because
The subsidies that are trade distorting comes under which box of WTO?
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
Using the following table. Find the profit-maximizing output when price is Rs 25:
The theory of comparative advantage in a two−country, two−commodity world can only work if
A Lerner Index of 0 indicates which of the following market conditions?
When exchange rate in terms of domestic currency rises:-
For which of the following Farrar–Glauber test regression test is done?
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...