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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
Select the correct answer from the option given below and rewrite the statement:
The details of allotment of Debentures must be entered in ___________.
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Within what period should be debenture certificate be issued?
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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?
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:
Within what period should company issue debenture certificate?
