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Answer in one sentence. What is convertible debentures? - Secretarial Practice

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Question

Answer in one sentence.

What is convertible debentures?

Short Note

Solution

Convertible Debentures are the debentures which are converted into equity shares on the expiry of specified period and at a specified rate mentioned in the terms of issue.

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Correspondence with Debentureholders - Specimen Letters
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Chapter 7: Correspondence with Debentureholders - EXERCISE [Page 114]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 7 Correspondence with Debentureholders
EXERCISE | Q 1 H) 4. | Page 114

RELATED QUESTIONS

Attempt the following:

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Select the correct answer from the options given below and rewrite the statement.

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A Share Certificate must be issued after allotment of debentures.


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A company must issue Debenture Certificate within 8 months of allotment of debentures.


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  2. Allotment of Debentures
  3. Board meeting

Explain the following term/concept.

Redemption of debentures


Explain the following term/concept.

Conversion of Debentures


Draft a letter to the debentureholder informing him about the redemption of debentures.


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Draft a letter to debentureholder informing him about redemption of debentures.


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