Section 74 needs a statement of old unpaid deposits filed within what time?
AOne month
BNine months
CSix months
DThree months
Answer & Solution
Correct answer: D. Three months
For deposits accepted before the Act, the company files a statement with the Registrar within three months of commencement or of the due date.
Keep practising Acceptance of Deposits by Companies
Browse all Acceptance of Deposits by Companies questions for CA Inter, or explore more Law topics.
Related questions
Where must a company inviting public deposits upload the circular?A deposit circular stays valid for how long after the financial year closes (at most)?Who signs the circular copy sent to the Registrar under Rule 4(5)?On whose authority and name must a deposit circular be issued?An eligible company's public deposit circular is issued in which form?A section 73(2) company can send its member circular by which mode?After issuing the circular, what may a company not reserve a right to do?Who alone is entitled to brokerage on deposits procured for a company?