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Supply of goods by creditor

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2015 whether transfer of goods by a creditor for more than a year will be considered as a deposit in light of companies act 2013.
the creditor has not received any payment since 1 year
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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2015 In my view definition of deposit includes any receipt of money by way of deposit or loan or IN ANY OTHER FORM by a company

hence it should be considered as a deposit.

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