Correct the underlined word and rewrite the following sentences

1. The details of debenture holders are entered in Register of Members.
Ans : The details of debenture holders are entered in Register of Debenture holder.

2. Secured debentures must be redeemed within 15 years from the date of its issue.
Ans : Secured debentures must be redeemed within 30 days from the date of its issue

3. A company issuing irredeemable debentures must create a charge on assets of the company.
Ans : A company issuing Secured debentures must create a charge on assets of the company.

4. Return on investment on debentures is dividend.
Ans : Return on Investment on debenture is interest.

5. Debenture Trustees redress the grievances of shareholders.
Ans : Debenture trustees redress the grievances of Debenture holders.

6. Debenture certificates are issued within 3 months of allotment of debentures.
Ans : Debenture certificates are issued within 6 months of allotment of debentures.

7. Procedure for allotment of debentures should be completed within 90 days from date of receipt of applications.
Ans : Procedure for allotment of debentures should be completed within 60 days from date of receipt of application.

8. To rate its debentures a company appoints underwriters.
Ans : To rate its debentures a company appoints Credit Rating Agency.