Need for Caution

February 15, 1969 was intended to pay off in part the existing short-term deposits, which carry interest at 12 per cent plus commission of 2 per cent and "expenses". The balance-sheet as on March 31, 1968 discloses that, of the unsecured loans of Rs 2.83 crores, term deposits amount to Rs 1.34 crores including Rs 4 lakhs by way of interest accrued and due.