HSC Commerce: Marketing and Salesmanship इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions for Secretarial Practice

Complete the sentence.
A legal instrument conveying the assets of a company to the Debenture trustees is called  _______________.

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 ______.

Complete the sentence.
A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint _______________.

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:

The details of debentureholders are entered in the Register of Members.

Correct the underlined word and rewrite the following sentence:

Secured debentures must be redeemed within 15 years from the date of its issue.

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.

Explain the following term/concept.

Debenture Trust Deed.

Study the following case/situation and express your opinion.

1. Should the company appoint a debentures trustee?
2. Should the company create a charge on its assets?
3. Can the tenure of debentures be less than ten years?

Study the following case/situation and express your opinion.
Rose limited company proposes to issue debenture to the public to raise funds. After discussions, the board of directors have 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 create a charge on its assets?

Company can accept deposits from public, minimum for ______ months.

Select the correct answer from the options given below and rewrite the statement.

Company can accept deposits from public, maximum for ______ months.

Answer in brief.
What is debenture trust deed?

Who are debentures trustee?