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Issue of Debentures as per Companies Act, 2013 - Topic 1

Total questions: 24

Worksheet time: 16mins

Name
Class
Date
1.

Select the correct options.

A company which issues prospectus or invites more than 500 persons to buy its debenture has to appoint __________.

a)

Register of companies

b)

Debentureholders

c)

Debenture trustees

2.

Select the correct options.

A company cannot issue ____________ with voting rights.

a)

Equity shares

b)

Debentures

c)

Securities

3.

Select the correct options.

A company can issue _______________ convertible debentures.

a)

Only partly

b)

Only fully

c)

Partly or fully

4.

Select the correct options.

Debenture certificate must be issued within ___________ of allotment of debentures.

a)

3 months

b)

6 months

c)

60 days

5.

Select the correct options.

The contract between company and Debenture trustees of companies is called as ______________ .

a)

Debenture trust deed

b)

Letter of offer

c)

Prospectus

6.

Give a word or a term or a phrase.

Time period within which the procedure for allotment of debenture is to be completed from the date of receipt of applications.

(a)  

7.

Give a word or a term or a phrase.

Return on investment given to debenture holder by the company.

(a)  

8.

State whether true or false.

Debenture holders have no voting rights.

a)
b)
9.

State whether true or false.

Company cannot issue non-convertible debentures.

a)
b)
10.

State whether true or false.

Debentures holders are paid interest.

a)
b)
11.

State whether true or false.

Debenture Trustees can not approach NCLT to redress grievances of debenture holders.

a)
b)
12.

State whether true or false.

Debenture certificate is issued within 6 six months of allotment of debentures.

a)
b)
13.

State whether true or false.

Debenture holder gets dividend.

a)
b)
14.

State whether true or false.

Company can issue any fully convertible debenture.

a)
b)
15.

Find the odd one.

Debenture holders, Interest, Dividend

a)

Debenture holders

b)

Interest

c)

Dividend

16.

Find the odd one.

Debenture Trustees, Court, NCLT

a)

Debenture Trustees

b)

Court

c)

NCLT

17.

Find the odd one.

Secured Debentures, Convertible debentures, Irredeemable debentures

a)

Secured Debentures

b)

Convertible debentures

c)

Irredeemable debentures

18.

Find the odd one.

Debenture, Loan, Bonds

a)

Debenture

b)

Loan

c)

Bonds

19.

Complete the sentence.

On receipt of application and money, the procedure for allotment of debentures should be completed within (a)   .

20.

Complete the sentence.

To stop a company from incurring further liabilities, the Debenture trustee can approach (a)   .

21.

Complete the sentence.

A company which issues prospectus or invites more than 500 persons to subscribe for its debentures, has to appoint (a)   .

22.

Complete the sentence.

Return on investment on debenture is called (a)   .

23.

Correct the underlined word/s.

Return on investment on debentures is dividend.

(a)  

24.

Correct the underlined word/s.

Procedure for allotment of debentures should be completed within 90 days from date of receipt of applications.

(a)