Dear All,
can Corporate Body who is member of other corporate can give deposit? if yes? how? and Related Party transcation will attract?..........
Thanks.....
CS Rajesh Solanki.....
2 Replies
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 03 August 2014
1. Yes, deposit can be given.
2. By cheque/DD etc.
3. It will not be a related party transaction.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 04 August 2014
| Originally posted by : P C Agrawal | ||
 |
1. Yes, deposit can be given. 2. By cheque/DD etc. 3. It will not be a related party transaction. |
 |
Agree.....
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