Public deposit acceptance

CS Snehal (Compliance Manager) (346 Points)

20 March 2010  

Dear All,

Please clarify,

A public ltd company is acepting deposits from individuals and trusts.

Can it accept deposits from a private limited company.

If yes what are the documents required from the pvt company and what is the public company suuppose to do.

If no then, some document support for the same.

 

An early relp will be appreciated.

Thanks