advertisement of accepting deposit

Sharad Suman Das (art) (141 Points)

25 May 2010  

Dear Friends,

Please Suggestme regerding the following case:-


A Company filed a copy of advertisement approved by the Board in its meeting held on 31st March, 2009 in connection of with inviting fixed deposits with the concerned Registrar of companies on the 1st April, 2009. It published the said advertisement for the First time on 10th August 2009. is the action of the company valid.

Thanks in advance.