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Acceptance of deposit

Under acceptance of deposit in video no 3. In example it says that if debenture convertible within 6 years said to be not a deposit... If trem was 12 years it will be consider as deposit .... Any way it's getting converted in 12 years.... If it is convertible means why we are treating as deposit...

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Ramya Devi

Ramya Devi

CA Inter

580

24-Sep-20

40

Answers (1)

These are time limits provided by law.


Suraj Lakhotia

Suraj Lakhotia

Admin

25-Sep-20

50K forums
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