HSC Commerce 12th Board ExamMaharashtra State Board
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Draft a ‘Letter of Allotment’ to Debenture Holders. - HSC Commerce 12th Board Exam - Secretarial Practice

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Question

 Draft a ‘Letter of Allotment’ to debenture holders.

Solution

DISHA INDUSTRIES LIMITED

50/A Bandra-Kurla Complex

Bandra(East), Mumbai-400051

 

Tele. No.: (022) 24761524

E-mail : customer@dishaindustries.com

Ref.: Disha/72/2012-13                                               

Date : 14th May, 2014.

 

 

To,

Mr. Mukesh Naik

C/23, LIC Colony,

L.J. Road, Mahim, Mumbai-400096                                             '

 

Sub : Public Issue of 10,00,000 @ 12.5 % Non - convertible

Debentures of Rs. 100 each at par.

 

 

Dear Sir,

In response to your application No. AES-1774 dated 19thApril 2012, I am directed by the Board of Directors to inform you that you have been allotted 100 non-convertible debentures of T 100 each.

These debentures are allotted to you as per resolution passed at the Board meeting held on 8th May, 2012 and as per the, terms and conditions of Debenture Trust Deed and Articles of Association of the company.

Details of allotment are as follows

 

Folio

Number of Debentures

Distinctive Nos.

Amount Received

Due Amt.

Adjusted amount

Type

Rate of Interest

Tenure/ Maturity Date

 

Applied

Allotted

From

To

Rs.

         

B-674

100

100

201

300

10,000

Nil

Nil

Non Convertible (Secured)

12.5%

7 years 08/05/2019

 

Duly signed and executed debenture certificate will be sent to you on or before 30th May, 2012.

 

Thanking You.                                                                 Yours faithfully,

                                                                               For Disha Industies Ltd.

                                                                                             Sd/-

 

                                                                                         ­Secretary

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APPEARS IN

 2013-2014 (March) (with solutions)
Question 5.2 | 5.00 marks
Solution Draft a ‘Letter of Allotment’ to Debenture Holders. Concept: Allotment.
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