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Question
Find the odd one.
Options
Debenture Trustees
Court
NCLT
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Solution
Court
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RELATED QUESTIONS
The contract between company and Debenture trustees of companies is called as _____________.
Write a word or a term or a phrase which can substitute the following
statement.
Institution which redresses grievances of debenture holders.
Find the odd one.
Complete the sentence.
To protect the interest of Debenture holders, a company appoints ______.
Complete the sentence.
A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint _______________.
Answer in one sentence:
Who has the authority to create charge on assets of a company?
Correct the underlined word and rewrite the following sentence:
The details of debentureholders are entered in the Register of Members.
Correct the underlined word and rewrite the following sentence:
Secured debentures must be redeemed within 15 years from the date of its issue.
Correct the underlined word and rewrite the following sentence:
A company issuing irredeemable debentures must create a charge on the assets of the company.
Correct the underlined word and rewrite the following sentence:
Debenture certificates are issued within 3 months of allotment of debentures.
Explain the following term/concept.
Debenture Trustee.
Explain the following term/concept.
Charge on assets.
Explain the following term/concept.
Debenture Trust Deed.
Study the following case/situation and express your opinion.
Rose limited company proposes to issue debenture to the public to raise funds. After discussions, the board of directors have decided to issue secured, redeemable, non-convertible debentures with a tenure of ten years. Please advise the board on the following matters:
Should the company create a charge on its assets?
Answer in brief.
What is debenture trust deed?
Who are debentures trustee?
Justify the following statement:
A company has to create charge on its assets for issuing secured debentures.
