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प्रश्न
Explain the following term/concept.
Debenture Trust Deed.
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उत्तर
- A corporation must designate one or more Debenture Trustees if it plans to publish a prospectus or invite more than 500 people to buy its debentures. The interests of debentureholders are safeguarded by debenture trustees. They must be appointed by the business by signing a contract with them. This type of agreement is known as a Debenture Trust Deed. Terms and conditions agreed upon in writing between the firm and trustees are included in this trust deed. The function of debenture trustees is stated.
- Debenture Trust Deed also defines the rights of debentureholders and duties and powers of debenture trustees. The members of the company, as well as debentureholders can inspect the trust deed and get a copy of the trust deed by paying specific fees.
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.
Institution appointed by company to protect the interest 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.
A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint _______________.
Correct the underlined word and rewrite the following sentence:
The details of debentureholders are entered in the Register of Members.
Correct the underlined word and rewrite the following sentence:
A company issuing irredeemable debentures must create a charge on the assets of the company.
Correct the underlined word and rewrite the following sentence:
Debenture certificates are issued within 3 months of allotment of debentures.
Explain the following term/concept.
Debenture Certificate
Explain the following term/concept.
Debenture Trustee.
Explain the following term/concept.
Charge on assets.
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.
