Correct the underlined word/s and rewrite the following sentences.

1. The person who purchases debentures of the company is called shareholder.
Ans: The person who purchases debentures of the company is called Debenture holder.

2. Debenture holders get regular dividend at fixed rate.
Ans: Debenture holders get regular Interest at fixed rate.

3. A Share Certificate must be issued after allotment of debentures.
Ans: A Debenture Certificate must be issued after allotment of debentures

4. A Debenture Redemption Reserve Fund is created by the company for the redemption of Shares.
Ans: A Debenture Redemption Reserve Fund is created by the company for the redemption of Debentures.

5. A Demat Request Form is sent along with the letter of Redemption of Debentures.
Ans: A  Debenture Redemption Form is sent along with the letter of Redemption of Debentures.

6. A company must issue Debenture Certificate within 8 months of allotment of debentures.
Ans: A company must issue Debenture Certificate within 6 months of allotment of debentures.