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Question
(a) SEBI has given an ‘informal guidance’ to Insilco on the buyback of Non-convertible Debentures.
(b) This move could serve as a useful guide for other companies who may have similar plans.
(c) The debentures are due for redemption in three annual installments.
(d) Insilco may go ahead with early redemption since SEBI has clarified the process.
(a) SEBI has given an ‘informal guidance’ to Insilco on the buyback of Non-convertible Debentures.
(b) This move could serve as a useful guide for other companies who may have similar plans.
(c) The debentures are due for redemption in three annual installments.
(d) Insilco may go ahead with early redemption since SEBI has clarified the process.
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Solution
The correct option is C FJFI
Statements (a) & (c) are facts. Statement (b) is an opinion expressing approval and hence a judgment. Statement (d) is an inference –a conclusion about the unknown based on the reasoning offered in the statement.
FJFI
Statements (a) & (c) are facts. Statement (b) is an opinion expressing approval and hence a judgment. Statement (d) is an inference –a conclusion about the unknown based on the reasoning offered in the statement.
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