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प्रश्न
Justify the following statement:
A company can issue only certain types of debentures.
औचित्य
उत्तर
- A company can issue secured as well as unsecured debentures. It can also issue non-convertible debentures or debentures which can be converted fully or partly into equity shares.
- The Board of Directors of a company have the authority to issue debentures. All debentures are redeemable i.e, have to be repaid.
- The company can issue debentures to its members or make a public offer or offer it even through private placement.
- Thus, it is rightly justified that, a company can issue only certain types of debentures.
shaalaa.com
Regulations Governing Issue of Debentures
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