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Question
Match the pairs.
| Group 'A |
Group 'B' |
|
a) Debenture Trustees |
1) Power to issue debentures |
|
b) Debenture holders |
2) Protects interest of shareholders |
|
c) Charge on assets |
3) Secured debentures |
|
d) Board of Directors |
4) NCLT |
|
e) Debenture certificate |
5) No voting rights |
|
6) Unsecured debentures |
|
|
7) Protects interest of debenture holders |
|
|
8) Voting rights |
|
|
9) Proof of ownership of shares |
|
|
10) Issued within 6 months of allotment of debentures |
Solution
| Group 'A’ |
Group 'B' |
|
a) Debenture Trustees |
7) Protects interest of debenture holders |
|
b) Debenture holders |
5) No voting rights |
|
c) Charge on assets |
3) Secured debentures |
|
d) Board of Directors |
1) Power to issue debentures |
|
e) Debenture certificate |
10) Issued within 6 months of allotment of debentures |
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RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following
statement.
Institution which redresses grievances of debenture holders.
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Correct the underlined word and rewrite the following sentence:
Secured debentures must be redeemed within 15 years from the date of its issue.
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Charge on assets.
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Debenture Trust Deed.
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Answer in brief.
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Justify the following statement:
A company has to create charge on its assets for issuing secured debentures.
Give one word or phrase for the following sentence:
The company enters into a contract with one or more debenture trustees.
Give one word or phrase for the following sentence:
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