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Answer in one sentence. What is debenture? - Secretarial Practice

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Question

Answer in one sentence.

What is debenture?

One Line Answer
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Solution

Debentures are debt instruments issued by a company to raise capital.

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Precautions to Be Taken by the Secretary While Corresponding with Debenture Holders
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Chapter 7: Correspondence with Debentureholders - EXERCISE [Page 114]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 7 Correspondence with Debentureholders
EXERCISE | Q 1 H) 3. | Page 114

RELATED QUESTIONS

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

______ are the creditors of the company.


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

Return of income on debentures is ______ at fixed rate.


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An acknowledgement of debt issued by the company under its common seal.


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Interest on debentures is paid notwithstanding the volume of profit.


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Debenture holders enjoy full membership rights of the company.


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Debentures are never redeemed by the company.


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Company issues ______ certificate to the debenture holder after allotment of debentures.


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The ______has to correspond with debenture holders on important occasions.


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____________ Debenture.


Answer in one sentence.

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The person who purchases debentures of the company is called shareholder.


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Debentures


Explain the following term/concept.

Courtesy


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