Issue of Debentures — Secretarial Practice STD 12 Commerce / Arts — Question

The return on investment which he receives is fixed or fluctuating.

State anyone, right he will enjoy as a shareholder.

What type of source retained earning is?

Is the proposed issue within the borrowing powers of the board?

Name the type of security that Mr. Rohit will opt for.

DDS financial plans to raise ₹ 10 crores by issuing secured, Non-convertible debentures. However, as per the Articles of Association, the board of directors has authority only to raise up to 5 crores. They are also considering whether to go for a private placement or make a public offer. Please advise them on the following:

Rose limited company proposes to issue debenture to the public to raise funds. After discussion, the Board of directors has decided to issue secured, Redeemable non-convertible debentures with a tenure of ten years. Please advise the board on the following matters:

The Balance sheet of a Donald Company for the year 2018-19 reveals equity share capital of Rs. 25,00,000 and retained earnings of Rs. 50,00,000.

As the company is offering debenture to its members, can such debentures have normal voting rights?

A public limited company wants to invite depositor from the public at large as it neither wants to dilute its shareholdings nor at present want to use its reserves.Question (a) Does it require prior approval from shareholders? Question (b) What type of resolution does the company need to pass? Question (c) Is it necessary to file the resolution with the Registrar?