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State whether the following statement is or false.Company has to create a charge on its assets when it issues secured debentures. - Secretarial Practice

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प्रश्न

State whether the following statement is or false.
Company has to create a charge on its assets when it issues secured debentures.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

True

shaalaa.com
Procedure for Issue of Debentures
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Issue of Debentures - Exercises [पृष्ठ ७६]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 4 Issue of Debentures
Exercises | Q 1. D) 7. | पृष्ठ ७६

संबंधित प्रश्न

Select the correct answer from the option given below and rewrite the statement:
The details of allotment of Debentures must be entered in ___________.


Write a word or a term or a phrase which can substitute the following statement.

Period within which debenture certificate must be issued by a company.


State whether the following statement is true or false.

After allotment of Debentures, names of Debenture holders are entered in the Register of Members.


Find the odd one.


Complete the sentence.
On receipt of application and money, the procedure for allotment of debentures should be completed within __________.


Complete the sentence.
Return on investment on debenture is called ________.


Complete the sentence.
For public issue of debentures of ₹100 crores, minimum subscription should be ______.


Answer in one sentence:
Whom does the company appoint to protect the interest of debenture holders?


Answer in one sentence:
Within what period should secured debentures be redeemed?


Answer in one sentence:
Within what period should be debenture certificate be issued?


Correct the underlined word and rewrite the following sentence:
Return on investment on debenture is dividend.


Arrange in proper order.
a. Hold Board Meeting for allotment
b. Issue debenture certificate
c. Receive application with money


Study the following case/situation and express your opinion.

DDS Financial plans to raise ₹10 crores by issuing Secured, Non-convertible debentures. However, as per the Articles of Association, the Board of Directors has the authority only to raise up to 5 crores. They are also considering whether to go for a private placement or make a public offer. Please advise them on the following:
  1. What can be the maximum tenure of the debentures to be issued?
  2. Is the proposed issue within the borrowing powers of the Board?
  3. Within what period should the company issue a Debenture certificate?

Study the following case/situation and express your opinion.

Violet Ltd. company plans to raise 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following:
  1. Can the company issue unsecured debentures?
  2. Can they issue irredeemable debentures?
  3. As the company is offering debentures to its members, can such debentures have normal voting rights?

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