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Question
Explain the following term/concept.
Debenture certificate
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Solution
Debenture Certificate is a document that certifies that the holder is the creditor of the company for the amount mentioned in the certificate. It is issued to all debenture holders. It is issued within a period of six months from the date of allotment of debentures.
RELATED QUESTIONS
A company can issue ______ convertible debentures.
Select the correct answer from the option given below and rewrite the statement:
Money from ___________ Account is used for redemption of debentures
Select the correct answer from the option given below and rewrite the statement:
_______ protects the interest of debenture holders
Write a word or a term or a phrase which can substitute the following
statement.
Account to be created for redemption of debentures.
State whether the following statement is or false.
Debenture holders have no voting rights.
State whether the following statement is or false.
Company cannot issue non-convertible debentures.
State whether the following statement is or false.
Debenture Trustees can not approach NCLT to redress grievances of debenture holders.
Correct the underlined word and rewrite the following sentence:
Debenture trustees redress the grievances of Shareholders.
State any four provisions of Companies Act 2013 for issue of debentures.
Briefly explain the provisions of Companies Act, 2013 for issue of debentures.
Depositors are given voting rights.
Give one word or phrase for the following sentence:
Institutions that protect the interest of the debenture holders.
Study the following case/situation and express your opinion.
Aspire is a listed public company of which the board of director recommended ₹10/- per share as a dividend to equity shareholders:
- Aspire Ltd. takes approval from Shareholders?
- Aspire Ltd. paid dividend partly in cash and partly in kind. Is it permissible according to the law?
