Match the pairs.
Group ‘A’ | Group ‘B’ |
a) Private Company | 10% of aggregate of paid-up share Capital + free reserves |
b) Deposit Trust Deed | Signed at least 7 days before issuing advertisement |
c) Secured Deposit | Maximum 30 months |
d) Tenure of deposit | Charge on tangible assets |
e) Return of Deposit | 100% aggregate of paid-up share capital + free reserves |
| File on or before 31st March every year |
| Signed 21 days after issuing advertisement |
| Maximum 36 months |
| Charge on intangible assets |
| File on or before 30th June every year |
Solution:
Group ‘A’ | Answers |
a) Private Company | 100% aggregate of paid-up share capital + free reserves |
b) Deposit Trust Deed | Signed at least 7 days before issuing advertisement |
c) Secured Deposit | Charge on tangible assets |
d) Tenure of deposit | Maximum 36 months |
e) Return of Deposit | File on or before 30th June every year |