Advertisements
Advertisements
Question
Explain the following term/concept.
Conversion of Debentures
Advertisements
Solution
Conversion of debentures means debentures are converted into equity shares on the expiry of a specified period and at a specified rate mentioned in the terms of the issue. The company has to get the approval of shareholders by passing a special resolution at the Extra Ordinary General Meeting for the conversion of debentures into equity shares.
APPEARS IN
RELATED QUESTIONS
Write the Letter for the redemption of debentures
Select the correct answer from the options given below and rewrite the statement.
Debenture holders receive ______certificate from the company.
Select the correct answer from the options given below and rewrite the statement.
Interest warrants are sent to ______ of the company.
Write a word or a term or a phrase which can substitute the following statement.
Debentures which can be converted into equity shares.
Answer in one sentence.
What is convertible debentures?
Answer in one sentence.
Who takes decision to allot the debentures?
Correct the underlined word and rewrite the following sentence.
A Share Certificate must be issued after allotment of debentures.
Correct the underlined word and rewrite the following sentence.
A Debenture Redemption Reserve Fund is created by the company for the redemption of Shares.
Correct the underlined word and rewrite the following sentence.
A company must issue Debenture Certificate within 8 months of allotment of debentures.
Explain the following term/concept.
Redemption of debentures
Write a letter to the debenture holder regarding payment of interest electronically.
Write a letter to the Debentureholder regarding payment of interest through an interest warrant.
Draft a letter to debentureholder informing him about redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
Draft a letter to the debentureholder informing him about the redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
Draft a letter to debentureholder informing him about redemption of debentures.
