Advertisements
Advertisements
प्रश्न
Complete the sentence.
A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint _______________.
Advertisements
उत्तर
A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint Debenture Trustees .
APPEARS IN
संबंधित प्रश्न
The contract between company and Debenture trustees of companies is called as _____________.
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.
Find the odd one.
Find the odd one.
Complete the sentence.
To protect the interest of Debenture holders, a company appoints ______.
Complete the sentence.
Authority to create charge on company’s assets is with the ______.
Correct the underlined word and rewrite the following sentence:
A company issuing irredeemable debentures must create a charge on the assets of the company.
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?
Justify the following statement:
A company has to create charge on its assets for issuing secured debentures.
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?
