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.