Provisions of Beneficial Interest Under Companies Act, 2013 And Rules Framed Thereunder INTRODUCTION A beneficial interest is the right to receive benefits on property, assets, or securities held by another party. The term beneficial interest is generally related to and used for trust, as nature of a trust, there is an author who creates the […]
INTRODUCTION In general, deposits mean the sum of money kept at the banks to gain interest on it periodically. The deposit is considered as the property or assets of the person who gives such an amount to the bank for safekeeping. Bank and other financial institutions take deposits as it is their primary source of […]