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Question
Complete the sentence.
For public issue of debentures of ₹100 crores, minimum subscription should be ______.
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Solution
For public issue of debentures of ₹100 crores, minimum subscription should be 75%.
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RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following
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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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Secured debentures should be redeemed within ____________.
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On receipt of application and money, the procedure for allotment of debentures should be completed within __________.
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Whom does the company appoint to protect the interest of debenture holders?
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Within what period should secured debentures be redeemed?
Answer in one sentence:
Within what period should be debenture certificate be issued?
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When should a company appoint a credit rating agency?
Correct the underlined word and rewrite the following sentence:
Return on investment on debenture is dividend.
Correct the underlined word and rewrite the following sentence:
Procedure for allotment of debentures should be completed within 90 days from date of receipt of application.
Arrange in proper order.
- Issue debenture certificate
- Issue prospectus
- Open bank Account
Arrange in proper order.
a. Hold Board Meeting for allotment
b. Issue debenture certificate
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 has the authority only to raise up to 5 crores. They are also considering whether to go for a private placement or make a public offer. Please advise them on the following: |
- What can be the maximum tenure of the debentures to be issued?
- Is the proposed issue within the borrowing powers of the Board?
- Within what period should the company issue a Debenture certificate?
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:
Is the proposed issue within the borrowing powers of the board?
Elaborate on the process for the issue of debentures.
