Question

Write a letter to the debenture holder regarding payment of interest through Interest Warrant.

Answer 1

HULK MOTORS LTD. Registered office: Plot No. 05, Commercial Towers, P.K. Road, Mumbai - 400067 CIN: R20020 MH 1000 PLC123456 Website: wwww.hulkmotors.in Email: [email protected] Date: 17th Oct, 2020 Phone: 022 12345678 Fax: 022 - 11112222 Ref. No.: C/2060/20-18 Mr. John Methiw 508, Lokesh Apartments, AK.D. Road, Mumbai – 4000089 Sub: Payment of Interest on Debentures. Dear Sir, I am directed to inform you that, the Board of Directors has passed a resolution in the Board Meeting held on 15th Oct, 2020 regarding payment of interest on your 100, 10% Non-convertible debentures of ₹ 100/- each for the year ending 31st March, 2020. The details of payment of interest payable to you are as follows: 1 2 3 4 5 6 7 Folio No. No. of Debentures Distinctive Numbers Gross Amt. of Interest T.D.S (10% on interest) Net Amt. of Interest Interest Warrant No.     From To         D-123 100 901 1000 ₹ 1,000 NIL ₹ 1,000 C1234 The Interest Warrant is enclosed herewith. Please detach the Interest Warrant along the perforated line. Thanking You, Yours Faithfully, For Hulk Motors Ltd. Sign Mr. Kamlesh Gaikwad Company Secretary Encl: Interest Warrant