Q.Attempt the following:
Draft a letter regarding payment of interest on debentures.

Below is a specimen letter from the company secretary to a debenture holder regarding payment of interest on debentures, giving the period, amount and mode of payment.

A letter regarding payment of interest on debentures is sent by the secretary to inform debenture holders that the interest due to them for a particular period is being paid. It should state the debenture details, the amount of interest, the period, and the mode of payment (electronic credit or interest warrant), and it should thank them for their continued support.

Specimen Letter

VIOLET LIMITED

Registered Office: 120, M. G. Road, Pune - 411 001

Ref. No.: DEB/INT/2020/45

Date: 1st February, 2020

Mr. Ramesh S. Kulkarni

25, Shivaji Nagar,

Pune - 411 005

Dear Sir,

Sub: Payment of interest on debentures

We are pleased to inform you that the interest due on your 500, 10% Debentures of ₹ 100 each, for the half-year ended 31st December, 2019, amounting to ₹ 2,500 (Rupees Two Thousand Five Hundred only), has become payable.

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