Resolution for Mortgage to Secure Debentures
Reference draft used in Indian courts — replace the blanks with your own case details.
of the company be and they are hereby authorised to mortgage and/or charge all the present and
future immovable and movable properties and the whole of the undertaking of the company for
the purpose of securing unto the Trustees for the holders of the debentures of Rs. 100 each of the
aggregate nominal value of Rs . ............lakhs (proposed to be offered by the company to the
holders of the existing equity shares on the register of members as on such date and in such
proportion and on such terms and conditions as may be determined by the Board of Directors of
the company) the redemption of the aforesaid debentures together with interest, costs, charges,
expenses and other moneys payable by the company in respect of the debentures.
RESOLVED FURTHER that the Board of Directors be and are hereby authorised to do and
execute all such acts, deeds and things as may be necessary, usual or proper for giving effect to
this resolution.
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
Our Property & Registration team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. We draft, stamp and register property documents in Kolkata.
Related
- Property & Registration services in Kolkata
- Filing in the Calcutta High Court: complete guide
- All 47 practice areas
- Free first consultation
Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.