Public deposit means public moneys deposited by a pub- lic depositor in a public depository, including private moneys held in trust by a public officer.

Public deposit means a deposit as defined under section 45-I(bb) of the Reserve Bank of India Act, 1934 (2 of 1934), excluding the following:

Examples of Public deposit in a sentence

Public deposit shall be made in a qualified public depository as established by state laws.
Further, an amount of ` 63.87 crore (including renewals) was also mobilized through HUDCO Public deposit scheme during the financial year 2017-18.
The Company has not accepted any Public deposit within the meaning of Section 45I(bb) of RBI Act 1934 during the year in question & the company has also passed resolution for non-acceptance of any Public Deposit.
Major expenses include Securities Listing Fees to stock exchanges and custodian fees to CDSL & NSDL, remuneration to Key Managerial Personnel appointed in accordance with the applicable provisions of the Companies Act, 2013, Printing & Postage of Annual Reports and professional and Legal expenses.After meeting the expenses, the Company incurred loss of Rs.15.15 lacs against the loss of Rs. 6.96 lacs in the previous year.Your company is not accepting the Public deposit since 1999-2000.
PUBLIC DEPOSITS The Company has not accepted any Public deposit during the year under review falling within the purview of Section 73 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014.INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY Your Company has put in place adequate internal financial controlswith reference to the financial statements.

More Definitions of Public deposit

Public deposit means same as contained in Paragraph 3 (xiii) of Master Direction - Non-Banking Financial Companies Acceptance of Public

Public deposit means moneys of the Commonwealth or of any county, city, town or other political subdivision thereof, including moneys of any commission, institution, committee, board or officer of the foregoing and any state, circuit, county or municipal court, which moneys are deposited in any qualified public depository in any of the following types of accounts: nonnegotiable or registered time deposits, demand deposits, savings deposits, and any other transaction accounts, and security for such deposit is required by other provisions of law, or is required due to an election of the public depositor.

Public deposit means a deposit but does not include the following, namely:-

Public deposit means moneys held by a public depositor who is charged with the duty to receive or administer such moneys and is acting in an official capacity, such moneys being deposited in any of the following types of accounts: nonnegotiable time deposits, demand deposits, savings deposits, or any other transaction accounts.

Public deposit means the moneys of the state or of

Public deposit means public moneys deposited in a public depository pursuant to sections 135.01 to 135.21 of the Revised Code.

Public deposit means same as contained in Paragraph 3 (xiii) of Master Direction - Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016. Additionally, any amount received from NHB or any Public Housing Agency shall also be exempted from the definition of public deposit.