Where depositors so desire deposits may be accepted in joint names not exceeding hellip ...

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Companies Act-Phase (I & II) Share capital and debentures Add to Study Deck

Where depositors so desire, deposits may be accepted in joint names not exceeding…...

Explanation:

Terms and Conditions of Acceptance of Deposits by Companies

Where depositors so desire, deposits may be accepted in joint names not exceeding three, with or without any of the clauses, namely, “Jointly”, “Either or Survivor”, “First named or Survivor”, “Anyone or Survivor”.

By: Srishti Gupta

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Share capital and debentures

Companies Act-Phase (I & II)

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