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Correct the underlined word and rewrite the following sentence:Debenture trustees redress the grievances of Shareholders. - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence:
Debenture trustees redress the grievances of Shareholders.

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Solution

Debenture trustees redress the grievances of Debenture holders.

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Provisions for Issue of Debentures as per Companies Act, 2013
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Chapter 4: Issue of Debentures - Exercises [Page 78]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. I) 5. | Page 78

RELATED QUESTIONS

A company can issue ______ convertible debentures.


Select the correct answer from the option given below and rewrite the statement:
Money from ___________  Account is used for redemption of debentures


Select the correct answer from the option given below and rewrite the statement:
_______  protects the interest of debenture holders


Write a word or a term or a phrase which can substitute the following statement. 

Type of resolution needed to issue convertible debentures.


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


State whether the following statement is or false.
Special Resolution is needed to issue convertible debentures.


State whether the following statement is or false.
Company cannot issue non-convertible debentures.


State whether the following statement is or false.
Debenture Trustees can not approach NCLT to redress grievances of debenture holders.


State any four provisions of Companies Act 2013 for issue of debentures.


Briefly explain the provisions of Companies Act, 2013 for issue of debentures.


Explain the following term/concept.

Debenture certificate


Study the following case/situation and express your opinion.

Admire Ltd., a listed public company of which the board of directors recommended ₹10/- per share as a dividend to equity shareholders:
  1. Is it mandatory for Admire Ltd. to take approval from Shareholders?
  2. Admire Ltd., paid a dividend of 99% to shareholders in cash and the rest 1% in kind. Is it permissible according to the law?

Study the following case/situation and express your opinion.

Aspire is a listed public company of which the board of director recommended ₹10/- per share as a dividend to equity shareholders:

  1. Aspire Ltd. takes approval from Shareholders?
  2. Aspire Ltd. paid dividend partly in cash and partly in kind. Is it permissible according to the law?

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