Maharashtra State BoardHSC Commerce 12th Board Exam
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Select the correct answer from the option given below and rewrite the statement:Procedure for allotment of Debenture should be completed within ___________ from the date of receipt of applications. - Secretarial Practice

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Match the Columns

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

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Solution

Group 'A’

Group 'B'

a) Debenture Trustees

7) Protects interest of debenture holders

b) Debenture holders

5) No voting rights

c) Charge on assets

3) Secured debentures

d) Board of Directors

1) Power to issue debentures

e) Debenture certificate

10) Issued within 6 months of allotment of debentures

Concept: Debentures Trustees
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. B) | Page 76
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