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प्रश्न
Explain the following term/concept.
Conversion of Debentures
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उत्तर
Conversion of debentures means debentures are converted into equity shares on the expiry of a specified period and at a specified rate mentioned in the terms of the issue. The company has to get the approval of shareholders by passing a special resolution at the Extra Ordinary General Meeting for the conversion of debentures into equity shares.
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संबंधित प्रश्न
Attempt the following:
Write a letter to a debenture holder informing him about the conversion of debentures into equity shares.
Write the Letter for the redemption of debentures
Debentures repayable after a certain period are ______ debentures.
The rate of interest payable on debentures is ______.
Select the correct answer from the options given below and rewrite the statement.
Debenture holders receive ______certificate from the company.
Select the correct answer from the options given below and rewrite the statement.
Interest warrants are sent to ______ of the company.
Write a word or a term or a phrase which can substitute the following statement.
Debentures which can be converted into equity shares.
Answer in one sentence.
What is convertible debentures?
Answer in one sentence.
Who takes decision to allot the debentures?
Correct the underlined word and rewrite the following sentence.
A Share Certificate must be issued after allotment of debentures.
Arrange in proper order.
- Board Resolution
- Allotment of Debentures
- Board meeting
Draft a letter to the debentureholder informing him about the redemption of debentures.
Draft a letter to the debentureholder informing him about the redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
