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Showing posts with the label Private limited company incorporation in Coimbatore
Acceptance of deposit by companies according to Companies Act Acceptance of deposit by companies: Acceptance of deposit on the  private limited registration  company not common one for the other forms of companies like NBFCs, HUFs and other form of  Nidhi Companies.  As per the rules of the Companies rules, 2014 Deposits can be receivable in the name of the company through instalments or directly getting the deposit from other companies. The other companies could issue the deposit through a base of the promise. Promise nothing but a contract or agreement. In this agreement, the return of the money with specified period need to be mention. Is there any option to pay it earlier or the noticing time in the agreement also added in this specification. Additional contributions like interest also can be adding as the essential feature of the agreement. Means of receipt of the money can be deposit or loan. It needs to be clear in the agreement form. ...