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Explain the following term/concept. Interest on Debentures - Secretarial Practice

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प्रश्न

Explain the following term/concept.

Interest on Debentures

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उत्तर

Debenture capital is a loan or borrowed capital of the company. Debenture holders are the creditors of the company. They get a fixed rate of interest as a return on their investment in debentures. Interest is a debt. It is not dependent on profits. The company pays interest on debentures either through interest warrant or via electronic mode i.e. NEFT, ECS, etc.

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Circumstances Under Which a Secretary Has to Enter into Correspondence with Debenture Holders
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Correspondence with Debentureholders - EXERCISE [पृष्ठ ११५]

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बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
पाठ 7 Correspondence with Debentureholders
EXERCISE | Q 2. 3. | पृष्ठ ११५
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