Which of the following methods of retiring bonds before maturity is generally considered the most detrimental to the bondholders?
A bond call provision is a predefined condition on the bond that allows the issuer to retire or repurchase the debt security attached with the financial instrument. Numerous events can trigger a bond call provision, such as the underlying asset reaching a specific target price or a date. However, the most common is the falling market interest rates below the bond’s coupon rate. The bond call provision, when exercised, is referred to as ‘Calling of Bond’. When a bond is called, the issuer pays the accrued interest up to the date of recall and repays the principal amount invested by the bondholder at the time of purchase. The bond call provision is an optional clause on a bond and is pre-informed to the investors that it is callable along with the events that can trigger the calling of the bond. Investors find it risky that the issuer can call the bond anytime, and they would have to sell, reluctantly. Bondholders have to look for new bonds that may come at a considerably lower coupon rate than the current one they were holding.
As per Section 27 of Companies Act 2013, any ariation in prospectus is to be approved by _______
NCLAT is constituted under which section of the Companies Act?
No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the _______ as th...
A company has to transfer the unclaimed dividend to which account?
Differences between verbal and nonverbal communication include?
i. Verbal communication is multichanneled; nonverbal communication is single-cha...
The appointment of Directors is to be approved by company in ____
Appointment of Auditors in case of government companies by CAG is given under which section of Companies Act, 2013?
The President of NCLT and Chairperson of NCLAT is to be appointed in consultation with _______
In case where such dividend remained unpaid or unclaimed within _______ from the date of declaration, the amount is transferred to ‘Unpaid Dividend Ac...