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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

19 November 2010 1. visit this link
http://www.vakilno1.com/bareacts/companiesact/companiesacts5.htm

2. RTGS - immediate settlement
EFT - at the day end

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




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