schedule
This query is : Resolved
CMA Naveen Kumar
(Querist)
19 November 2010
What are the various schedule as per co. act 1956, and what type of information every schdule required,
2. What is the difference between RTGS and EFT
2. What is the difference between RTGS and EFT
Aditya Maheshwari
(Expert)
19 November 2010
1. visit this link
https://www.vakilno1.com/bareacts/companiesact/companiesacts5.htm
2. RTGS - immediate settlement
EFT - at the day end
https://www.vakilno1.com/bareacts/companiesact/companiesacts5.htm
2. RTGS - immediate settlement
EFT - at the day end
CA.ViVeK M ACA
(Expert)
19 November 2010
RTGS stand for Real Time Gross settlement and fund transfer will be affected within one hour after the transfer. It is a real time transaction
EFT stand for electronic Fud transfer and it will take a maximum of 48 hours and minimum of 1 day to affect the transfer.
For schedule you can please visit the above schedule by AM
EFT stand for electronic Fud transfer and it will take a maximum of 48 hours and minimum of 1 day to affect the transfer.
For schedule you can please visit the above schedule by AM
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