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Multi state co operative society could raise the funds for its object upto the maximum limit of TEN TIMES of its subscribed share capital and accumulated reserve fund in terms of specific provision under Multi State Co operative Societies Act 2002.I think it could not be legal and proper to invite the deposits from public by AD in newspapers.Also the society could transact with its members only and they could only be invited for funds if necessary.In the circumstances the answer is NO.
What else can I help you with?
What is mean by co operative bank and co operative society?
The banks that come under the purview of Banking Regulation Act and concerned co-operative Society Act prevailing the State. Societies are only regulated by the State Act. Cooperative bank can accept deposit from public but societies cannot accept deposit from public. They can accept deposit only from members of the concerned society.
How does the federal reserve accept deposits?
You are gunna die.
Do visa member banks accept cash deposits?
Yes
What do the bank do with the deposite which they accept from the public?
(A) Long term deposits (B) Short term deposits (C) Only Call deposits (D) Medium term deposits (E) All of the above
Financial institutions that accept deposits and make loans are called?
Depository institutions
What are the three ways that banks accept deposits?
The different ways banks accept deposits are:As cash at their branchesAs checks at their branchesAs cash through their ATMsAs checks through their ATMsAs fund transfers from other banks
Do credit unions accept certificates of deposits?
Credit unions offer different types of certificates of deposits. Some credit unions have certificate of deposits as rewards or promotions for customers or as an add on product.
Where can a bank accept deposits?
Banks can accept deposits in their registered branches, ATM Machines and coin deposit machines. Apart from this, they have check/cheque drop boxes in many places where customers can drop off checks/cheques in their name into their accounts
Does society accept women referees?
yes
Which charities accept donations of cars?
There are many charities which one accept cars as donations. In Canada, the Accessible Housing Society, Bullying Canada, and the Canadian Cancer Society all accept cars for donations.
How many types of Deposits in Company?
Acceptance of Deposits from the Members (sec.73 of Companies Act 2013) – Any company can accept deposits from its members, subject to the passing of a resolution in a general meeting and subject to certain specified conditions. In order to accept deposits from the members, the company has to certify, in circular, that it has not committed any default in the repayment of the deposits received either before or after the commencement of the act or payment of interest on such deposits. Acceptance of Deposits from the Public (sec.76 of Companies Act 2013) – Only a public company, having a net worth of not less than one hundred crore rupees OR a turnover of not less than five hundred crore rupees can accept deposits from the public. Such companies are also known as Eligible Companies. Furthermore, they must also pass a special resolution to do so.
How can you make your account PayPal able to take deposits?
Your PayPal account is automatically able to accept electronic deposits. You just aren't able to make cash or check deposits to your account, this can be a pain in the rear if you need to get money in your account fast.
