Advertisements
Advertisements
Question
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 ____________.
Options
Register of companies
Debenture holders
Debenture trustees
Advertisements
Solution
The details of allotment of Debentures must be entered in Debenture trustees.
APPEARS IN
RELATED QUESTIONS
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.
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.
Find the odd one.
Complete the sentence.
A legal instrument conveying the assets of a company to the Debenture trustees is called _______________.
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:
Name the document which is an agreement between the debenture trustee and 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:
A company issuing irredeemable debentures must create a charge on the assets of the company.
Explain the following term/concept.
Debenture Certificate
Explain the following term/concept.
Debenture Trustee.
Explain the following term/concept.
Debenture Trust Deed.
Justify the following statement:
Debenture trustees are appointed by a company issuing debentures.
Give one word or phrase for the following sentence:
The company enters into a contract with one or more debenture trustees.
