Question

Draft a letter of allotment to the debenture holder.

Answer 1

HULK MOTORS LIMITED Registered office: Plot No. 05, Commercial Towers, P.K. Road, Mumbai - 400067 CIN: R20020 MH 1000 PLC123456 Phone: 022 12345678 Fax: 022 - 11112222 Ref. No.: C/2060/20-18 Website: www.hulkmotors.in Email: [email protected] Date: 17th Oct, 2020 Mr. John Methiw 508, Lokesh Apartments, AK.D. Road, Mumbai – 4000089 Sub: Allotment of Debentures Dear Sir, In response to your application No. V65432 dated 27th Sep 2020, I am directed by the Board of Directors to inform you that you have been allotted 100, 10% Non-convertible secured debentures of ₹100/- each. The tenure of debentures is for 5 years. These debentures are allotted to you as per Board Resolution passed at Board Meeting held on 15th Oct 2020 and as per the terms and conditions of the Articles of Association of the company and the Debenture Trust Deed. The details of the allotment of debentures are as follows: 1 2 3 4 5 Folio No. No. of Debentures Applied No. of Debentures Allotted Distinctive Numbers Amount Received (₹)       From To   D-123 100 100 901 1000 ₹ 10,000 The Debenture Certificate is attached with this letter. Thanking You, Yours Faithfully, Hulk Motors Ltd. Sign            Mr. Kamlesh Gaikwad Company Secretary Encl: Debenture Certificate