Which of the following is a right of the holder of a debenture that is secured by a fixed charge?
A、Payment of a company dividend
B、To vote at the company's general meeting
C、To vote on company resolutions that affect them as a debentureholder
D、To prevent the company from selling the asset secured by the charge
A、Payment of a company dividend
B、To vote at the company's general meeting
C、To vote on company resolutions that affect them as a debentureholder
D、To prevent the company from selling the asset secured by the charge
【参考答案及解析】
Debentureholders do not have the right to dividends, to attend company meetings or to vote on company resolutions. However, if the debenture is secured by a fixed charge, they may prevent the company from selling the asset that the charge is secured on.
Debentureholders do not have the right to dividends, to attend company meetings or to vote on company resolutions. However, if the debenture is secured by a fixed charge, they may prevent the company from selling the asset that the charge is secured on.