OMTEX CLASSES: CIRCUMSTANCES FOR SECRETARIAL CORRESPONDENCE WITH DEBENTURE HOLDERS

CIRCUMSTANCES FOR SECRETARIAL CORRESPONDENCE WITH DEBENTURE HOLDERS

Debenture holder is the creditor of the company. Secretary has to communicate with him on various matters at different times as follows:

CIRCUMSTANCES FOR SECRETARIAL  CORRESPONDENCE WITH DEBENTURE HOLDERS

The secretary has to enter into correspondence with the debenture holders under the following circumstances.

         1.       Informing the applicant about allotment of debentures ,
         2.       Intimation about payment of interest.
         3.       Letter for conversion of debentures into equity shares.
         4.       Letter for redemption of debentures.