Accountancy, asked by dollrievria20, 6 months ago

public deposits accepted by companies must be shown under​

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Answered by Anonymous
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A Government company, eligible to accept deposits under section 76 of Companies Act, 2013 can accept deposits upto 35% of paid up capital, free reserves and securities premium ac- count from public [The words 'securities premium account' have been inserted w.e.f. 15-9- 2015].

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