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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions

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Justify the following statement.

The Board of Directors can refuse transfer of shares.

Appears in 2 question papers
Chapter: [3] Issue of Shares
Concept: Transfer of Shares

Explain briefly the procedure for allotment of shares.

Appears in 2 question papers
Chapter: [3] Issue of Shares
Concept: Allotment of Shares

Draft a letter to depositor for renewal of his deposit.

Appears in 2 question papers
Chapter: [4] Role of a Secretary in the Capital Formation Part 2
Concept: Deposits

State, with reasons, whether the following statements are True or False. (Any Three) 

Public deposit is good source for long term fanancing. 

Appears in 2 question papers
Chapter: [4] Role of a Secretary in the Capital Formation Part 2
Concept: Deposits

Define debenture.

Appears in 2 question papers
Chapter: [4] Role of a Secretary in the Capital Formation Part 2
Concept: Issue of Debentures with Terms of Redemption

Secured debentures must be redeemed within ______ from the date of their issue.

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Provisions for Issue of Debentures as per Companies (Share Capital and Debentures) Rule 2014

State whether the following statement is or false.
Debenture holders have no voting rights.

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Provisions for Issue of Debentures as per Companies Act, 2013

Answer in one sentence:
Name the document which is an agreement between the debenture trustee and company?

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Debentures Trustees

Correct the underlined word and rewrite the following sentence:

To rate its debentures a company appoints underwriters.

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Requirements as per SEBI

Explain the following term/concept.
Charge on assets.

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Debentures Trustees

Depositors are given voting rights.

Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Provisions for Issue of Debentures as per Companies Act, 2013

Study the following case/situation and express your opinion.

Violet Ltd. company plans to raise 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following:
  1. Can the company issue unsecured debentures?
  2. Can they issue irredeemable debentures?
  3. As the company is offering debentures to its members, can such debentures have normal voting rights?
Appears in 2 question papers
Chapter: [4] Issue of Debentures
Concept: Procedure for Issue of Debentures

State the legal provisions regarding declaration of dividend.

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Declaration of Dividend and Payment of Dividend

Write short note on Provisions regarding unclaimed/unpaid dividend : 

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Provisions Regarding Unpaid / Unclaimed Dividend

Dividend warrants are issued to _______ holders for getting dividend.

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Declaration of Dividend and Payment of Dividend

Dividend declared by a company between two annual general meetings. 

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Declaration of Dividend and Payment of Dividend

Select the proper option from the option given below and rewrite the sentence:
Dividend should be distributed within __________ days from its declaration. 

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Declaration of Dividend and Payment of Dividend

State, with reasons, whether the following statements are True or False. (Any Three) 

The rate of interim dividend is greater than final dividend. 

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Interim and Final Dividend

Draft a notice of dividend.

Appears in 2 question papers
Chapter: [5] Declaration and Payment of Dividend
Concept: Meaning of Dividend

Government company can collect deposits from its members.

Appears in 2 question papers
Chapter: [5] Deposits
Concept: Terms and Conditions for Acceptance of Deposits
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