Question 25 of 28
Q.Explain the following term/concept.
Register of Deposit
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2026Subjective· 2mImportance★★★★★
89% · 25/28 Questions
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Start your 14-day free trial to unlock the full solution →The Register of Deposits is a statutory register in which a company records complete details of every deposit it has accepted or renewed, maintained at its registered office.
A company accepting deposits from members or the public is legally required to keep an up-to-date record of them. This record is the Register of Deposits. The secretary is responsible for maintaining it accurately and keeping it current.
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