Optionally fully convertible debentures Essay: Optionally fully convertible debentures An Optionally Fully Convertible Debenture is just a kind of Bond that can be converted into Equity Shares by the investors if they want to.
What is the Role and Importance of Insurance? The process of insurance has been evolved to safeguard the interests of people from uncertainty by providing certainty of payment at a given contingency.
The insurance principle comes to be more and more used and useful in modern affairs. Not only does it serve the ends of individuals, or of special groups of individuals, it tends to pervade and to transform our modern social order, too.
The role and importance of insurance, here, has been discussed in three phases: Uses to an individual: Insurance provides Security and Safety: The insurance provides safety and security against the loss on a particular event.
In case of life insurance payment is made when death occurs or the term of insurance is expired. The loss to the family at a premature death and payment in old age are adequately provided by insurance.
In other words, security against premature death and old age sufferings are provided by life insurance. Similarly, the property of insured is secured against loss on a fire in fire insurance. In other insurance, too, this security is provided against the loss at a given contingency.
The Debentures case essay provides safety and security against the loss of earning at death or in golden age, against the loss at fire, against the loss at damage, destruction or disappearance of property, goods, furniture and machines, etc. Insurance affords Peace of Mind: The security wish is the prime motivating factor.
This is the wish which tends to stimulate to more work, if this wish is unsatisfied, it will create a tension which manifests itself to the individual in the form of an unpleasant reaction causing reduction in work. The security banishes fear and uncertainty, fire, windstorm, auto-mobile accident, damage and death are almost beyond the control human agency and in occurrence of any of these events may frustrate or weaken the human mind.
By means of insurance, however, much of the uncertainty that centers about the wish for security and its attainment may be eliminated.
Insurance protects Mortgaged Property: At the death of the owner of the mortgaged property, the property is taken over by the lender of money and the family will be deprived of the uses of the property.
On the other hand, the mortgagee wishes to get the property insured because at the damage or destruction of the property he will lose his right to get the loan replayed.
The insurance will provide adequate amount to the dependents at the early death of the property-owner to pay off the unpaid loans. Similarly, the mortgagee gets adequate amount at the destruction of the property.
At the death of the husband or father, the destruction of family needs no elaboration. Similarly, at destruction of, property and goods, the family would suffer a lot. It brings reduced standards of living and the suffering may go to any extent of begging from the relatives, neighbors or friends.
The economic independence of the family is reduced or, sometimes, lost totally. What can be more pitiable condition than this that the wife and children are looking others more benevolent than the husband and father, in absence of protection against such dependency?
The insurance is here to assist them and provides adequate amount at the time of sufferings. Life Insurance encourages saving: The elements of protection and investment are present only in case of life insurance. In property insurance, only protection element exists.
In most of the life policies elements of saving predominates.The FIFA World Cup was the 21st FIFA World Cup, an international football tournament contested by the men's national teams of the member associations of FIFA once every four years.
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ESSAY TYPE QUESTIONS. 1. . An Optionally Fully Convertible Debenture is just a kind of Bond that can be converted into Equity Shares by the investors if they want to. So, this is a kind of hybrid market instrument that would come under the jurisdiction of the Securities and Exchanges Board of India (SEBI).
The Rights Of Debenture Holders Law Commercial Essay. The rights possessed by an unsecured debenture holder are those of an ordinary unsecured monstermanfilm.com,where the company defaults on its obligations,the creditor can sue for the sums owing and levy execution against the monstermanfilm.com appropriate cases,a creditors may be able to present apetition to wind up the company or seek an.
The process of insurance has been evolved to safeguard the interests of people from uncertainty by providing certainty of payment at a given contingency. The insurance principle comes to be more and.