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What Does a Bearer Debenture Mean? - Accountancy

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Short Answer Question

What does a Bearer Debenture mean?

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उत्तर

When a company does not maintain any record of the debenture holders and the debenture is transferable mere by delivery, then the type of the debenture held by the holders is termed as Bearer Debenture. Interests on such debentures are paid to the persons who produce the interest coupons that are attached with these debentures in a specified bank

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Meaning of Debentures
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पाठ 2: Issue and Redemption of Debentures - Questions for Practice [पृष्ठ १३४]

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एनसीईआरटी Accountancy - Company Accounts and Analysis of Financial Statements [English] Class 12
पाठ 2 Issue and Redemption of Debentures
Questions for Practice | Q 2 | पृष्ठ १३४

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Short Answer Question

What is meant by a Debenture?


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