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प्रश्न
With reference to business finance, explain the following : Debentures
उत्तर
A debenture is an instrument of written acknowledgment of debt under the common seal of the company.
It consists of the contract for repayment of the money borrowed after a specific time and at a specified rate of interest. The person holding this written acknowledgment is called Debenture holder.
According to section 2 (12) of the Indian Companies Act, Debenture includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.
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संबंधित प्रश्न
Explain Features of Debentures.
Attempt the following
State the position of debenture holders in a company.
Attempt the following
Specimen of a letter to the debentureholder informing him about redemption of debentures into shares.
Shareholder and Debentureholder.
Write a letter to a debentureholder informing him about conversion of debentures into equity shares.
Define 'debenture' . Explain various types of debetures.
Shareholder and Debentures holder
SHARES (HOLDER) DEBENTURES (HOLDER)
State the provision for the issue of debentures?
Briefly explain the following source of finance:
Debentures
