State whether the following statements are true or false.
1. Debenture holders have no voting rights.
Ans:- True
2. Company cannot issue non-convertible debentures.
Ans:- False
3. Special Resolution is needed to issue convertible debentures.
Ans:- True
4. Debentures holders are paid interest.
Ans:- True
5. Debenture Trustees can not approach NCLT to redress grievances of debenture holders.
Ans:- False
6. All secured debentures should be redeemed within 20 years from date of its issue.
Ans:- False
7. Company has to create a charge on its assets when it issues secured debentures.
Ans:- True
8. Debenture trustees are appointed to protect the interest of shareholders.
Ans:- False
9. Debenture certificate is issued within 6 six months of allotment of debentures.
Ans:- True
10. After allotment of Debentures their names are entered in the register of members.
Ans:- True