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Correspondence with Debentureholders — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeCorrespondence with Debentureholders2 Marks
Question
Debenture Certificate
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Answer

  • A debenture Certificate is an acknowledgment of debt given to the company.
  • It is issued under the common seal and signature of two directors of the company as a witness.
  • It contains the name of the Debenture holder, number of Debentures, type of Debenture, rate of interest, maturity, etc.

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