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प्रश्न
A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as ______.
पर्याय
Non-Convertible Debenture
Mortgage Debenture
Redeemable Debenture
Unsecured Debenture
उत्तर
A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as Mortgage Debenture.
Explanation:
A mortgage debenture is secured by the issuing company's real estate or other physical assets. These assets act as collateral for debenture holders in case the company fails to make payments. If the corporation fails to meet its commitments, debenture holders can assert their claim on the mortgaged assets to recoup their investment.
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संबंधित प्रश्न
The debentures which are convertible into shares.
On 1.4.2015 PPR Ltd. issued 1500, 10% debentures of Rs 100 each at a discount of 3%, redeemable at a premium of 8% after three years. The company closes its books on 31st March every year. Interest on 10% debentures is payable on 30th September and 31st March. Rate of tax deducted at source is 10%.
Pass necessary journal entries for the issue of 10% debentures and interest for the year ended 31.3.2016
Answer in a sentence only.
What is meant by debenture?
Answer in a sentence only.
What is meant by ‘Irredeemable Debentures?
Write one word/term/phrase which can substitute the following
The debentures which are not converted into shares.
Select most appropriate alternative from those given below ____________debentures which are recorded in register of company.
Write a word / term / phrase as a substitute of the following statement.
The acknowledgement of debt under common seal of company.
Answer the following question in one sentence.
What are ‘convertible debentures’ ?
Explain any four types of debentures through which a public limited company can collect its borrowed capital from the public.
Random Ltd. took over running business of Mature Ltd. comprising of Assets of ₹ 45,00,000 and Liabilities of ₹ 6,40,000 for a purchase consideration of ₹ 36,00,000. The amount was settled by bank draft of ₹ 1,50,000 and balance by issuing 12% preference shares of ₹ 100 each at 15% premium. Pass entries in the books of Random Ltd.
