Correspondence with Debentureholders — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeCorrespondence with Debentureholders4 Marks
Question
The company secretary should take certain precautions while corresponding with debenture holders.
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Answer
Secretary has to be more careful while drafting the letters. The languages used in the letter should be courteous, i.e. showing due respect to the shareholders.
A prompt reply should be given to the queries raised by the debenture holder.
The letter should be short and precise containing important information. The data provided in the letter should be up to date.
It is also necessary for the secretary to keep in mind the goodwill of the company. Simultaneously, it is also necessary to be aware that the company follows all the legal provisions of the Companies Act, 2013.
Thus, it is rightly justified that, the company secretary should take certain precautions while corresponding with debenture holders.
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