Back­ground of the Com­pany: Specifics to Look for

Consumer Voice - - Company Fixed Deposits -

News­pa­per ad­ver­tise­ments pub­lished by pub­lic lim­ited com­pa­nies invit­ing de­posits from pub­lic/ share­hold­ers are in pur­suance to Sec­tion 73 (2) (a) and Sec­tion 76 of the In­dian Com­pa­nies Act, 2013, and read with Rule 4 (2) of the Com­pa­nies (Ac­cep­tance of De­posits) Rules, 2014. Go through them thor­oughly.

Some of the as­pects that are pub­lished in them are: Gen­eral in­for­ma­tion About the com­pany, date of in­cor­po­ra­tion, na­ture of busi­ness car­ried out, man­age­ment par­tic­u­lars, man­age­ment per­cep­tion of the risk fac­tors, de­tails of de­faults in­clud­ing du­ra­tion with amounts in­volved, present sta­tus of statu­tory dues and oth­ers, etc.

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