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Question
State whether the following statement is or false.
Debentures holders are paid interest.
Options
True
False
Solution
True
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RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following statement.
Authority which has power to issue debentures.
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Within what period should be debenture certificate be issued?
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When should a company appoint a credit rating agency?
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Procedure for allotment of debentures should be completed within 90 days from date of receipt of application.
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c. Receive application with money
Explain briefly the procedure for issue of debentures.
Study the following case/situation and express your opinion.
| Violet Ltd. company plans to raise 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following: |
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- Can they issue irredeemable debentures?
- As the company is offering debentures to its members, can such debentures have normal voting rights?
Elaborate on the process for the issue of debentures.
