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Question
Select the correct answer from the option given below and rewrite the statement:
The details of allotment of Debentures must be entered in ___________.
Options
Register of debenture
Register of members
Register of creditors
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Solution
The details of allotment of Debentures must be entered in Register of debenture
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RELATED QUESTIONS
A company cannot issue ______ with voting rights.
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For public issue of debentures of ₹100 crores, minimum subscription should be ______.
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Within what period should secured debentures be redeemed?
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Correct the underlined word and rewrite the following sentence:
Procedure for allotment of debentures should be completed within 90 days from date of receipt of application.
Arrange in proper order.
- Issue debenture certificate
- Issue prospectus
- Open bank Account
Arrange in proper order.
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c. Receive application with money
Study the following case/situation and express your opinion.
DDS financial plans to raise 10 crores by issuing secured non-convertible debentures. However, as per the Articles of Association, the board of directors have authority only to raise up to 5 crores. They are also considering whether to go for private placement or make public offer. Please advise them on the following:
Within what period should company issue debenture certificate?
