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Answer in one sentence:Within what period should be debenture certificate be issued? - Secretarial Practice

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Question

Answer in one sentence:
Within what period should be debenture certificate be issued?

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Solution

Within 6 months the debenture certificate should be issued.

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Procedure for Issue of Debentures
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Chapter 4: Issue of Debentures - Exercises [Page 78]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. H) 8. | Page 78

RELATED QUESTIONS

A company cannot issue ______ with voting rights.


Select the correct answer from the option given below and rewrite the statement:
The details of allotment of Debentures must be entered in ___________.


Write a word or a term or a phrase which can substitute the following statement.

Period within which debenture certificate must be issued by a company.


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Authority which has power to issue debentures.


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Debenture certificate is issued within 6 six months of allotment of debentures.


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After allotment of Debentures, names of Debenture holders are entered in the Register of Members.


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Complete the sentence.
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On receipt of application and money, the procedure for allotment of debentures should be completed within __________.


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Return on investment on debenture is called ________.


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For public issue of debentures of ₹100 crores, minimum subscription should be ______.


Answer in one sentence:
What is the minimum subscription that a company must collect for an issue of debentures of 100 crores?


Arrange in proper order.
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b. Entry in register of debenture
c. Receive application with money


Study the following case/situation and express your opinion.
DDS financial plans to raise 10 crores by issuing secured non-convertible debentures. However, as per the Articles of Association, the board of directors have authority only to raise up to 5 crores. They are also considering whether to go for private placement or make public offer. Please advise them on the following:
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Study the following case/situation and express your opinion.

Violet Ltd. company plans to raise 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following:
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  2. Can they issue irredeemable debentures?
  3. As the company is offering debentures to its members, can such debentures have normal voting rights?

Elaborate on the process for the issue of debentures.


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