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Question
Write a letter to Amruta Joshi for the Payment of Interest on Debentures by Aventure India Limited, Pune.
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Solution
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Aventure India Limited Phone No: xxxxxxx Website: www.aventureindialtd.com Mrs. Punam Dey, Sub: Payment of Interest on Debenture Dear Madam, I am instructed by the Board of Directors to convey to you that, the Board has passed a resolution in the Board meeting held on 14th June 20xx finalizing to pay interest @ 10% on Redeemable Debentures on ₹100/- each for the year ending 30th February, 20xx. Your company has complied with all the provisions relating to the payment of interest on debentures. Details of Interest payable to you are as follows:
Interest will be paid by electronic transfer. i.e. by crediting the said interest to your bank account. as per details provided by you to the company. Yours Faithfully, |
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