Advertisements
Advertisements
प्रश्न
Explain the following term/concept.
Debenture Certificate
Advertisements
उत्तर
The company has to issue a debenture certificate to the debenture holders within 6 months of the allotment of debentures. A Debenture Certificate is a legal document issued by a company to its debenture holders as proof of ownership of debentures. It contains details such as the debenture holder’s name, number of debentures, face value, interest rate, and maturity date. This certificate serves as evidence of the debt owed by the company to the investor and entitles the holder to receive fixed interest payments at regular intervals.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the option given below and rewrite the statement:
A company which issues prospectus or invites more than 500 persons to buy its debenture has to appoint ____________.
Match the pairs.
| Group 'A |
Group 'B' |
|
a) Debenture Trustees |
1) Power to issue debentures |
|
b) Debenture holders |
2) Protects interest of shareholders |
|
c) Charge on assets |
3) Secured debentures |
|
d) Board of Directors |
4) NCLT |
|
e) Debenture certificate |
5) No voting rights |
|
6) Unsecured debentures |
|
|
7) Protects interest of debenture holders |
|
|
8) Voting rights |
|
|
9) Proof of ownership of shares |
|
|
10) Issued within 6 months of allotment of debentures |
Write a word or a term or a phrase which can substitute the following
statement.
The document which contains terms and conditions agreed upon by the company and the Debenture trustees.
Write a word or a term or a phrase which can substitute the following
statement.
Institution which redresses grievances of debenture holders.
Complete the sentence.
A legal instrument conveying the assets of a company to the Debenture trustees is called _______________.
Complete the sentence.
Authority to create charge on company’s assets is with the ______.
Answer in one sentence:
Name the document which is an agreement between the debenture trustee and company?
Answer in one sentence:
Who has the authority to create charge on assets of a company?
Correct the underlined word and rewrite the following sentence:
Secured debentures must be redeemed within 15 years from the date of its issue.
Explain the following term/concept.
Debenture Trustee.
Explain the following term/concept.
Debenture Trust Deed.
Study the following case/situation and express your opinion.
| Rose limited company proposes to issue debentures to the public to raise funds. After discussions, the board of directors has decided to issue secured, redeemable, non-convertible debentures with a tenure of ten years. Please advise the board on the following matters: |
- Should the company appoint a debentures trustee?
- Should the company create a charge on its assets?
- Can the tenure of debentures be less than ten years?
Answer in brief.
What is debenture trust deed?
Who are debentures trustee?
Give one word or phrase for the following sentence:
The company enters into a contract with one or more debenture trustees.
Give one word or phrase for the following sentence:
What are debenture trustees?
