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What is Debentures? - Commerce

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प्रश्न

What is Debentures?

संक्षेप में उत्तर

उत्तर

When a company needs funds for extension and development purposes without increasing its share capital, it can borrow from the general public by issuing certificates for a fixed period of time and at a fixed rate of interest. Such a loan certificate is called a debenture.

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अध्याय 26: Companies Act, 2013 - Exercise [पृष्ठ २४८]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 26 Companies Act, 2013
Exercise | Q II. 5. | पृष्ठ २४८
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