dealers deposit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2011
Can ayone tell me deposit received by dealer's come under the defination of deposit under company law? the deposits are like security deposit with the company or advance against goods purchase.
Sunil Kr. Sanganeria
(Expert)
11 February 2011
Deposit from dealers does not come under the definition of 58A of the Companies AC and Companies(Acceptence of Deposir s) Rules, 1975
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