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Find the odd one. Debenture Trustees, Court, NCLT. - Secretarial Practice

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Question

Find the odd one.

Options

  • Debenture Trustees

  • Court

  • NCLT

MCQ
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Solution

Court

shaalaa.com
Debentures Trustees
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Chapter 4: Issue of Debentures - Exercises [Page 77]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. E) 2. | Page 77

RELATED QUESTIONS

Select the correct answer from the option given below and rewrite the statement:
A company which issues prospectus or invites more than 500 persons to buy its debenture has to appoint ____________.


The contract between company and Debenture trustees of companies is called as _____________.


Match the pairs.

Group 'A

Group 'B'

a) Debenture Trustees

1) Power to issue debentures

b) Debenture holders

2) Protects interest of shareholders

c) Charge on assets

3) Secured debentures

d) Board of Directors

4) NCLT

e) Debenture certificate

5) No voting rights

 

6) Unsecured debentures

 

7) Protects interest of debenture holders

 

8) Voting rights

 

9) Proof of ownership of shares

 

10) Issued within 6 months of allotment of debentures


Write a word or a term or a phrase which can substitute the following

statement.
Institution appointed by company to protect the interest of debenture holders.


Find the odd one.


Complete the sentence.
To protect the interest of Debenture holders, a company appoints ______.


Complete the sentence.
Authority to create charge on company’s assets is with the ______.


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:
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.


Who are debentures trustee?


Justify the following statement:

A company has to create charge on its assets for issuing secured debentures.


Justify the following statement:

Debenture trustees are appointed by a company issuing debentures.


Give one word or phrase for the following sentence:

What are debenture trustees?


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