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प्रश्न
Study the following case/situation and express your opinion.
| Sunflower limited company proposes to issue debentures to the public to raise funds. After discussions, the Board of directors has decided to issue secured, redeemable, non-convertible debentures with o tenure of ten years. Please advise the Board on the following matters: |
- Should the company appoint a Debenture Trustee?
- Should the company create a charge on its assets?
- Can the tenure of debentures be less than ten years?
उत्तर
- Yes. A Debentures trustee should be appointed by the company. This is because, in the preceding example, Rose Limited Company intends to raise funds by issuing public debentures. Thus. The debenture issuer must appoint one or more debenture trustees.
- Yes. The corporation should impose a charge on tangible assets. The charge is created in the Debenture Trustee's favor, and they become the custodian of the assets on which the charge is created.
- A corporation may issue secured debentures with redemption dates not exceeding ten (10) years from the date of issue.
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संबंधित प्रश्न
Explain the features of debentures.
Select the correct answer from the options given below and rewrite the statement.
Debenture holders get fixed rate of ______ as return on their investment.
Select the correct answer from the options given below and rewrite the statement.
Convertible debentures are converted into ______ after a specific period.
Write a word or a term or a phrase which can substitute the following statement.
A party through whom the company deals with debenture holders.
State whether the following statement is true or false.
Debenture holders have right to vote at general meeting of the company.
Complete the sentence.
First Industrial policy was declared in the year ______
Answer in one sentence.
What is a debenture?
Answer in one sentence.
What are convertible debentures?
Correct the underlined word and rewrite the following sentence.
Debenture holder is owner of the company
Justify the following statement.
The debentures are secured by a charge on assets of the company
Answer the following question.
Define Debenture and explain the features of debentures.
What is Debentures?
What are the various kinds of Debentures?
Give one word or phrase for the following sentence:
What kind of capital Is Debenture?
Give one word or phrase for the following sentence:
Debenture Payable at the end of some fixed period, as mentioned on the debenture certificate.
The company has to appoint ______ if they want to allot debenture for more than 500 debenture holders.
| Violet Ltd. company plans to raise ₹ 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following: |
- Can they issue convertible debentures?
- As the company is offering debentures to its members, can such debentures have normal voting rights?
- Capital raised by issuing debentures will be Owned Capital or Borrowed Capital?
