Question

Conclusion of debenture certificate

Answer 1

The debenture certificate is a document, which certifies that the holder is the creditor of the company to the limit of a number of debentures multiplied by the face value of each debenture. ... The certificate is to be delivered in accordance with the procedure laid in section 53 of the companies Act, 1956.

Answer 2

The debenture certificate is a document, which certifiesthat the holder is the creditor of the company to the limit of a number of debentures multiplied by the face value of each debenture.

The company hereby informs its shareholders and the market that it concluded the certificate of debenture which can not be convertible into shares, utilized for public distribution and placement as amended.

The certificate is purely informative framed based on the legislation.