Secretarial Practice · Class 12 Commerce
Ch 7Correspondence with Debenture-holders — Class 12 Secretarial Practice, concept-first.
Correspondence with Debenture-holders is the seventh chapter of the Maharashtra State Board (MSBSHSE) HSC Secretarial Practice syllabus for Std XII, coming right after the chapter on Correspondence with Members and just before the chapter on Correspondence with Depositors.
Key concepts
Hover a concept to preview it and jump to its most relevant Q&A.
Who Is a Debenture-holder and the Secretary's Correspondence with Them
A debenture-holder has lent the company money against a debenture certificate (Section 2(30), Companies Act, 2013) and is a creditor of the company, not a member, carrying no voting rights (Section 71(2)).
Most relevant Q&A
- State the essentials of a good letter written by a Company Secretary to a debenture-holder.Preview
- The position of a debenture-holder in relation to the company is that of its ________. (A) Owner (B) Creditor (C) Employee (D) CustomerFree
- Distinguish between correspondence with a Debenture-holder and correspondence with a Shareholder/Member of a company.Preview
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Overview
Correspondence with Debenture-holders is the seventh chapter of the Maharashtra State Board (MSBSHSE) HSC Secretarial Practice syllabus for Std XII, coming right after the chapter on Correspondence wi…
Who Is a Debenture-holder? Occasions for Correspondence, and Essentials of a Good Letter
As the Issue of Debentures chapter already established, a debenture, under Section 2(30) of the Companies Act, 2013, is a certificate acknowledging that the company has borrowed a stated sum of money…
Allotment of Debentures
As the Issue of Debentures chapter's procedure section described, once the subscription list for a public or rights issue of debentures closes, the Board of Directors meets again to pass a resolution…
Regret and Refund on Non-Allotment of Debentures
A Letter of Regret is sent wherever an applicant's application for debentures cannot be met, in whole or in part — most commonly because the issue is oversubscribed and the Board's pro-rata allotment…
Payment of Interest on Debentures
As the Issue of Debentures chapter already established, interest on a debenture is a fixed contractual charge, payable at the agreed rate and at the agreed intervals whether or not the company has ear…
Redemption of Debentures
As the Issue of Debentures chapter's redemption section described, a company must redeem its debentures strictly on the terms fixed at issue, under Section 71(5) of the Companies Act, 2013, doing so c…
Conversion of Convertible Debentures into Equity Shares
As the Issue of Debentures chapter explained, a convertible debenture carries the holder's contractual right to convert it — wholly (a Fully Convertible Debenture) or partly (a Partly Convertible Debe…
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
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- Q1Write a letter to the Debentureholder regarding payment of interest through an interest warrant.Preview
- Q2Draft a letter of debenture holder informing him about redemption of debentures.Preview
- Q3Write a letter to the debenture holder regarding payment of interest electronically.Preview
- Q4Bearer debentureholders get interest through ______. (a) Interest Warrants (b) Refund orders (c) Interest couponsPreview
- Q5Write a letter to the debenture holder regarding payment of interest through Interest Warrant.Preview
- Q6Write a letter to the debenture holder informing him/her about the conversion of debentures into equity shares.Preview
- Q7Attempt the following: Draft a letter regarding payment of interest on debentures.Preview
More questions
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- Q5Draft a Letter of Allotment, on behalf of Purandar Foods Limited, informing Mr. Ravindra Salunkhe that 120, 8% Secured Redeemable Non-Conver…Free
- Q6Draft a Letter of Regret, on behalf of Mahalaxmi Textiles Limited, informing Mr. Sanjay Wagh that, since the issue was oversubscribed, no de…Free
- Q7Draft a letter, on behalf of Mahalaxmi Textiles Limited, informing Mr. Ganesh Autade that interest for the half-year, on his 250, 9% debentu…Preview
- Q8Draft a Notice of Redemption, on behalf of Purandar Foods Limited, informing Mr. Deepak Jagtap that his 150, 8% debentures of ₹100 each, hel…Preview
- Q9Draft a letter, on behalf of Konkan Renewable Energies Limited, informing Mr. Abhijit Sawant that, of his 80 Partly Convertible Debentures o…Preview