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Question
Solution
Debenture holder is the creditor of the company. Secretary has to communicate with him on various matters at different times as follows:
CIRCUMSTANCES FOR SECRETARIAL CORRESPONDENCE WITH DEBENTURE HOLDERS
The secretary has to enter into correspondence with the debenture holders under the following circumstances.
- Informing the applicant about allotment of debentures ,
- Intimation about payment of interest.
- Letter for conversion of debentures into equity shares.
- Letter for redemption of debentures.
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RELATED QUESTIONS
Write a letter regarding payment of interest on debentures.
Return on Investment in debentures.
State, with reasons, whether the following statements are True or False
Debentures are never redeemed by the company.
Debenture holders get fixed rate of___________as return on their investment.
Write a word or a term or a phrase which can substitute each of the following statements:
A bond on which no interest is paid but issued at discount.
State, with reasons, whether the following statements are True or False. (Any Three)
Debenture holder are the owners of the company.
