Bent example sentences

Shareholders enjoy voting rights whereas debentureholders do not normally enjoy any voting right.Such an issue of debenture is known as 'Debentures issued as Collateral Security'.Withdrawal from Debenture Redemption Reserve is permissible only after 10% of the debenture liability has already been reduced by the company.Normally, the amount of shares is not returned during the life of the company, while the debentures are issued for a specified period and the amount of debentures is returned after that period.These new shares or debentures can be issued at par, at a discount or at a premium.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.A person/holder of such a written acknowledgement is called 'debenture holder'.These debentures are either fully convertible or partly convertible.Transfer the profit/loss on sale of investments reflected in the balance of Debenture Redemption Fund Investment Account to Debenture Redemption Fund Account.In other words redemption of debentures means repayment of the amount of debentures by the company.The amount of interest paid on debentures is given in the trial balance which is usually for the half year.Debentures can be redeemed either at par or at premium.But the money received from applicants to whom no debentures have been allotted, will be refunded to them.The discount/loss on it is, therefore, treated as capital loss and, normally, spread user the duration of debentures say 5-7 years meanwhile it should be shown under the head 'Miscellaneous Expenditure' on the asset side of Balance Sheet.The return on shares is known as dividend while the return on debentures is called interest.