Complete the sentences.
1. Debenture holder is a ……………. of the company.
Ans:- Debenture holder is a Creditor of the company.
2. Company issues …………. certificate to the debenture holder after allotment of debentures.
Ans:- Company issues Debenture certificate to the debenture holder after allotment of debentures.
3. Debenture holder gets ……….. at fixed rate as a return or income.
Ans:- Debenture holder gets Interest. at fixed rate as a return or income.
4. In case of Registered Debentures, Interest ……… are used to pay interest.
In case of Registered Debentures, Interest Warrant. are used to pay interest.
5. The ……………. has to correspond with debenture holders on important occasions.
Ans:- The Secretary. has to correspond with debenture holders on important occasions.
6. The person who purchases the debentures of a company is called ……………………
Ans:- The person who purchases the debentures of a company is called Debenture holders
7. Interest does not depend upon ………..of the company
Ans:- Interest does not depend upon Profit of the company.
8. Company cannot issue debentures with ………… rights
Ans:- Company cannot issue debentures with Voting rights.
9. Debenture certificate should be issued within a period of ….. months, from the date of allotment of debentures.
Ans:- Debenture certificate should be issued within a period of 6 months, from the date of allotment of debentures.
10. A company cannot issue debentures to more than 500 people without appointing a …………….
Ans:- A company cannot issue debentures to more than 500 people without appointing a Debenture Trustee
11. The power to issue debentures has been vested with the ………
Ans:- The power to issue debentures has been vested with the Board of Directors