Ghana - Obtain Particulars of a Share of Debentures

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Procedure

Apply In-Person:

1. To Obtain Particulars of a Share of Debentures in person, the applicant has to approach the Register General Department (RGD) office. Contact link
2. Applicants must download the application form 9A Link
3. Applicant filled all details in the application form.
4. The applicant has to make sure he or she has all the required documents that are required for this process to be successful and they can be found under the "Required Documents" section of this page.
5. Name should be exact as registered, should there have been any Change of Name after registration does state the new name.
6. The Registration Number is stated at the top left side of the Registration Certificate.
7. Full name and TIN of the natural person or legal entity submitting documents to the Registrar of companies.
8. Read the instructions before completing form. Incomplete applications or invalid data may delay the registration process.
9. The Registration Number is stated at the top left side of the Registration Certificate.
10. Then, the Applicants Provide the Signature in the space provided in the declaration.
11. Applicant should all relevant documents attached in application form.
12. A fee for this procedure is has to be paid as per as authority’s request.
13. The prescribed fee must be paid by the applicant, and the receipt of payment must be attached with the application form.
14. Generally, the processing time for this procedure is taken 2 months.
15. If the authorized official is satisfied that all the information are in order, you will be notified of the outcome and issued with an amended business registration certificate and other supporting documents upon payment of the required fees.

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Required Documents

• Completed application form Link
• Copies of Identification document (ID card /valid passport biometric page)
• Supporting documents
• Declaration document
• Special resolution document

Office Locations & Contacts

GREATER ACCRA REGION
P.O. Box 118 Accra
Tel: +233 302 664 691-93
Fax: +233 302 662043
Email: [email protected]
Digital Address:GA-143-4647
Contact link

ASHANTI REGION
Opposite Hotel Gandolfo Asafo PMB, Kumasi
Tel: +233 322 083 151 / 322 042 152
Email: [email protected]
Contact link

WESTERN REGION
P.O.Box 251 Ministries, Sekondi
Tel: +233 312 482 58
Email: [email protected]
Fax: +233 312 48258
Digital Address: WS-001-7903
Contact link

NORTHERN REGION
Tel: +233 372 023 715
Email: [email protected]
Email: [email protected]
Digital Address: NT-0066-0976
Contact link

Eligibility

• A Ghanaian LLC can be formed by a single shareholder, who must appoint two directors. While all can be foreigners, one of the directors must be ordinarily resident in Ghana.
• Only Ghanaians above the age of 18 years are eligible.

Fees

• A fee for this procedure is has to be paid as per as authority’s request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure is 2 months.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
E.g. the state office holds birth records since January 1908.

Required Information

• Business Name of the Applicant
• Registration number
• General name of business
• Full Name of the Business
• TIN(Taxpayer Identification No)
• Total Amount secured by the whole series
• Amount of the present issue of the series
• Dates of the resolutions authorizing the issue of the series
• Short particulars of the property charged
• Names of Trustees (if any) for debenture holders
• Floating details
• Particulars of Mortgagee/Chargee/Debenture Holder (Description of persons entitled to the charge)
• Signature of applicant
• Date of submission document
• Name of company inspector
• Filling data

Need for the Document

• Debentures cannot be issued with voting rights. On issue of debenture, a Company shall create a Debenture Redemption Reserve (DRR) out of the profits of the company available for payment of dividend and the amount credited to such account shall not be utilized by the company except for the redemption of debentures.

Information which might help

• As discussed above, a debenture is one of the capital market instruments which helps business houses to raise funds from the market for the development of the business. The word debenture has been derived from the Latin word “debere” which means borrowing or taking a loan. In layman’s language, debenture can be defined as an acknowledgement of debt issued by the company to the third parties under the common seal of the company. In accordance with Section 2(30) of the Companies Act, 2013, debentures include debenture stock issued by the company as an evidence of debt taken by such company, either by creation or non-creation of the charge over the assets of the company.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.