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Question
Select the correct answer from the option given below and rewrite the statement:
_______ protects the interest of debenture holders
Options
Debenture Trustees
Debenture holders
Redemption Reserve
Solution
Debenture Trustees protects the interest of debenture holders
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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
Debenture certificate must be issued within ___________ of allotment of debentures.
Write a word or a term or a phrase which can substitute the following statement.
Type of resolution needed to issue convertible debentures.
Write a word or a term or a phrase which can substitute the following
statement.
Account to be created for redemption of debentures.
State whether the following statement is or false.
Special Resolution is needed to issue convertible debentures.
State whether the following statement is or false.
Debenture Trustees can not approach NCLT to redress grievances of debenture holders.
Correct the underlined word and rewrite the following sentence:
Debenture trustees redress the grievances of Shareholders.
Briefly explain the provisions of Companies Act, 2013 for issue of debentures.
Explain the following term/concept.
Debenture certificate
Depositors are given voting rights.
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:
- Aspire Ltd. takes approval from Shareholders?
- Aspire Ltd. paid dividend partly in cash and partly in kind. Is it permissible according to the law?
