Which of the following company books is a public co. NOT legally required to keep
1. Register of Charges
2. Register of debebture holders
3. Register of directors' interests
this is a bpp question.
answer given is 2.
however, in the text i am using (becker) it says 3 is not a statutory register.
comments please
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statutory books
11y ago#1I believe that 3 IS a requirement (but I could be wrong!)
There's no need to keep a register of debenture holders if the only debenture is a one-off (for instance, a secured loan from a bank)
There surely must be such a register if the debenture is issued for the benefit of a series of lenders
I hope that's right! No doubt you'll tell me if it's not so, but that's my best shot!
ur answer has confused me even more ... and i certainly dont understand ur sarcasm ...
have good day...
pls do not reply
11y ago#3Mansoor, that was not sarcasm - it was sincerely meant. I'm agreeing with answer 2 and I can't see how answer 3 can be right
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