Debenture

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kalash bakliwal

kalash bakliwal (Querist)

03 December 2011 hello sir for audit of debenture which form can be demanded from client;

CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)

03 December 2011 You will demand Form 10 filed with the ROC creating charge for the Debenture Thrustee to secure payment of debentures and Register as well as Index of Debenture holders. You can ask for ;

1. Form 10
2. Register of debenture holders
3. Index of debenture holders.
4. Thrust deed.
5. Security charged to secure payment of debenture.

Rasesh

Rasesh (Expert)

03 December 2011 Also demand
1) Copy of Board Resolution by virtue of which debentures issued
2) verify the borrowing limits of the Company under Section 293(1)(d) of the companies act 1956
2) verify the approval of the board for mortgage of assets under section 293(1)(a)

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